Tesla Says South Australia ‘Represents the Future’ for Battery Production
After Tesla’s top executive declared that South Australia was “unique”, South Australia now has a prominent place on the international map. “the future” Renewable energy technologies
This is South Australia opened Its first 12 of 140 border-to–border electric car charging networks.
“Australia is a little bit of a special case; they represent the future—South Australia in particular—solar and wind supplied 70 percent of South Australia’s energy in 2022,” Andrew Baglino, Senior Vice President of Powertrain and Energy Engineering at Tesla, said The company’s website Investor Day Event on March 1.
Baglino also spoke of data from South Australia’s 5000 customers to highlight the benefits of the company’s electrical products.
However, Baglino did not mention a court case in which, in 2021, the Australian Energy Regulator (AER) instituted proceedings against Hornsdale Power Reserve (HPR) for alleged breaches of the National Electricity Rules—where it was alleged that HPR failed to ensure frequency control between July and November 2019.
In 2016, Tesla was able to create its first and most important company. “Powerwall 2 batteries,” The Hornsdale Power Reserve is a system that powers more than 5,000 South Australian homes. According to reports, the system was in operation since November 2017. “a positive impact on the local network” Within the first 100 days.
South Australia’s wind and solar energies are also reported to have the highest penetration of local grid demand in the world—which is favourable for the company’s plan to move towards renewables, reported Renew Economy.
The company has also used “achievements” South Australia is expected to increase stationary battery storage exponentially to at least one Terawatt-hour per year.
The Tesla big battery at Hornsdale Power Reserve, South Australia, costs approximately $172 million (US$116million) and can produce 150 Megawatts in just 77 minutes.
Musk Unveil’s Renewables Plan
Elon Musk’s company plan to shift from fossil fuels to renewables was unveiled at Tesla’s Investor Day in Texas. This plan is called “Master Plan 3,” It is estimated that the company will spend about $10 trillion.
“I really wanted today to be not just about Tesla investors who own stock, but really anyone who is an investor in Earth,” Musk spoke.
“There is a clear path to a sustainable-energy Earth. It doesn’t require destroying natural habitats. It doesn’t require us to be austere and stop using electricity and be in the cold or anything.”
Musk claimed that Tesla will build new car and battery factory factories, and increase the number of cars it produces annually at its current factories.
Tesla claims that South Australia plays a crucial role in battery storage and the replacement of fossil fuels. “one plant at a time,” The company has a vision of a grid that is 100 percent renewable.
“We have one grid operator that’s utilising virtual machine mode, and they say they will not operate their grid at 100 percent renewables unless they have this feature unless they have virtual machine mode working,” Mike Snyder, Tesla Megapack’s chief executive officer.
“They tried (without VMM), and it didn’t work very well. Virtual machine is like synthetic inertia where you turn the battery power plant … through software … into behaving like it’s a giant spinning machine, literally.
“That inertia stabilizes the grid. A huge spinning machine isn’t necessary. You don’t require a massive fossil fuel power station or giant hydro turbine.
“You just have the battery to it. And you can program it to whatever you need at that part of the grid. Or even have it be dynamically changing as the as the grid conditions change.”
Company touts cost-benefits of electric products
Baglino stated that the average monthly cost of its customers in South Australia was $140.
This cost could be reduced to $61 per monthly if customers have solar, a Powerwall and software that works in analogue mode. “intelligent” way.
“That’s what happened in South Australia last year. This represents the future of South Australia, in particular, where solar and wind supplied 70 percent of South Australia’s energy in 2022,” Baglino said.
“That compares to 30 percent in Texas, and 35 percent in California, but this is an indication of where this is all headed in both centralised and distributed storage resources, providing the key to unlocking fully renewable grids.”
Meanwhile, Canstar Blue According to reports, the price of a Tesla Powerwall 2 will be more than $15,000 (US$10.118), with an additional $1000-$2000 of hardware and installation.
Additionally, Choice According to reports, some households will be able to recover their investment in as little as eight years while others could take up to 20 years.
Economic Appeal Varies
Renew CEO Damien Moyse stated that solar and battery systems are attractive for Australian households. However, this appeal is dependent on where the household is located, what type of energy they use, Choice reported.
“It’s fair to say more homes would now be able to achieve a 10-year payback [than in 2015], but a lot of homes still won’t,” He said. “The variation is huge … with larger, higher-usage houses getting better value out of a battery,” Moyse spoke.
However, the battery prices haven’t fallen as fast than solar panels which dropped less 95 percent in 10 years.
“While the cost of the battery technology has dropped significantly internationally, other costs associated with battery installation in Australia, including labour and other components, remain relatively expensive,” Moyse spoke.
Additionally, MarketWatch According to reports, the Powerwall system is larger than most current batteries on the market but cannot be purchased separately through Tesla. It also costs more than other solar storage options.
From Tesla Says South Australia ‘Represents the Future’ for Battery Production
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