Re:Tesla’s SA big battery just got 50% bigger after goals th...
by nl on Sunday July 05, 2020 @12:36AM
(#23736616)
The SA gov investment is $15M and there is an additional $8M from the federal government[1].
The $150M savings is a little unclear - [1] gives is at $40M/year for 2 years.
Those savings are to consumers and businesses in the state, not to the government itself and there are a number of additional clean energy projects underway in SA, so the maths on the appropriate amount to invest in each one is difficult to calculate.
In particular, batteries save money by removing the (very high) peaks. They are important because they reduce the effectiveness of market manipulation which SA was suffering from. But increased diversity in power generation within SA and an upcoming second interstate interconnector[2] help with this too.
> what other car company has market trading software as part of its energy division?
I think every single energy division has energy trading software? It would be astounding if they didn't - I worked for a power company last century for a little while and they had energy trading software back then.
The $150M savings is a little unclear - [1] gives is at $40M/year for 2 years.
Those savings are to consumers and businesses in the state, not to the government itself and there are a number of additional clean energy projects underway in SA, so the maths on the appropriate amount to invest in each one is difficult to calculate.
In particular, batteries save money by removing the (very high) peaks. They are important because they reduce the effectiveness of market manipulation which SA was suffering from. But increased diversity in power generation within SA and an upcoming second interstate interconnector[2] help with this too.
> what other car company has market trading software as part of its energy division?
I think every single energy division has energy trading software? It would be astounding if they didn't - I worked for a power company last century for a little while and they had energy trading software back then.
[1] https://www.abc.net.au/news/2019-11-19/sa-big-battery-set-to...
[2]