South Australia’s Tesla big battery saves $40 million i...

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Title	South Australia’s Tesla big battery saves $40 million in grid stabilization costs
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Detail	A new report analyzing the world’s largest lithium-ion battery’s performance in the first year of operation shows the Hornsdale Power Reserve has delivered on high expectations of its performance and market impact. It has helped stabilize the grid, avoid outages and reduce system costs, as well as triggered a surge in uptake of similar fast response systems across Australia.
Country	International
Source	PV-Magazine
Regions	Africa Asia Australia Europe North America Oceania South America
Sectors	Automobiles and Auto Parts Construction Energy-Power and Electrical Computer Hardwares and Consumables
Published Date	04.12.2018
Original Url	Original Url
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Title
South Australia’s Tesla big battery saves $40 million in grid stabilization costs
Detail
A new report analyzing the world’s largest lithium-ion battery’s performance in the first year of operation shows the Hornsdale Power Reserve has delivered on high expectations of its performance and market impact. It has helped stabilize the grid, avoid outages and reduce system costs, as well as triggered a surge in uptake of similar fast response systems across Australia.
Country
International
Source
PV-Magazine
Regions
Africa Asia Australia Europe North America Oceania South America
Sectors
Automobiles and Auto Parts Construction Energy-Power and Electrical Computer Hardwares and Consumables
Published Date
04.12.2018
Original Url
Original Url
Share