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Re:Tesla's giant battery saved $40M during its first year, r... by neolefty on Thursday December 06, 2018 @02:27PM (#18621215)
> I assume most of the saving is from grid stabilisation, rather than supplying/storing energy but still.

Yes, the entire reported savings was by avoiding building a fast-response generator, which would cost tens of millions to maintain each year.

From the article:

> Has contributed to the removal of the requirement for a 35 MW local Frequency Control Ancillary Service (FCAS), saving nearly $40 million per year in typical annual costs

The article several includes other significant benefits as well that aren't even included in the $40 million.

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