Quantcast

Tesla's Giant Australian Battery Saved Consumers $35 Million in Four Months

Renewable Energy
Tesla's Powerpack battery system in South Australia is charged by a nearby wind farm. Tesla

Since switching on in December, Tesla's massive battery in South Australia has already drastically lowered prices in the region's frequency and ancillary services market (FCAS) and has taken a major share of that market, Renew Economy reported.

During Australian Energy Week, McKinsey and Co. partner Godart van Gendt boasted about the stunning efficiency of the 100-megawatt Powerpack system, which is connected to Neoen's Hornsdale wind farm.


"In the first four months of operations of the Hornsdale Power Reserve, the frequency ancillary services prices went down by 90 percent, so that's 9-0 per cent," van Gendt said Thursday, as quoted by Renew Economy.

"And the 100 megawatt battery has achieved over 55 percent of the FCAS revenues in South Australia. So it's 2 percent of the capacity in South Australia achieving 55 percent of the revenues in South Australia."

The Australian Energy Market Operator calls upon the FCAS to provide back-up energy whenever generators fail or fall short. This service has typically relied upon costly gas generators and steam turbines, with electricity rates up to $14,000 per megawatt during these outages.

But Tesla's big battery, which was designed to feed South Australia's unstable power grid, has changed the game. Whenever it has needed to discharge its power to the grid, costs have hovered as low as $270 per megawatt, as The Guardian noted.

As Renew Economy noted, "various estimates have put the cost savings to consumers from the FCAS market alone at around $35 million, just in the first four months of its operation."

What's more, the Powerpack system has responded much quicker to power outages (within milliseconds), with the benefit of no greenhouse gas emissions.

EcoWatch Daily Newsletter

Pope Francis celebrates an opening Mass for the Amazon synod, in St. Peter's Basilica, at the Vatican, Sunday, Oct. 6, 2019. Massimo Valicchia / NurPhoto / Getty Images

by Justin Catanoso

Pope Francis, in an effort to reignite his influence as a global environmental leader, released an impassioned document Feb. 12 entitled Dear Amazon — a response to the historic Vatican meeting last autumn regarding the fate of the Amazon biome and its indigenous people.

Read More
A flooded motorhome dealership is seen following Storm Dennis on Feb. 18 at Symonds Yat, Herefordshire, England. Storm Dennis is the second named storm to bring extreme weather in a week and follows in the aftermath of Storm Ciara. Although water is residing in many places flood warnings are still in place. Christopher Furlong / Getty Images

Britain has been battered by back-to-back major storms in consecutive weekends, which flooded streets, submerged rail lines, and canceled flights. The most recent storm, Dennis, forced a group of young climate activists to cancel their first ever national conference, as CBS News reported.

Read More
Sponsored
A group of Fulani women and their daughters walk towards their houses in Hapandu village, Zinder Region, Niger on July 31, 2019. In the African Sahel the climate has long been inhospitable. But now rising temperatures have caused prolonged drought and unpredictable weather patterns, exacerbating food shortages, prompting migration and contributing to instability in countries already beset by crisis. LUIS TATO / AFP / Getty Images

At the 56th Munich Security Conference in Germany, world powers turned to international defense issues with a focus on "Westlessness" — the idea that Western countries are uncertain of their values and their strategic orientation. Officials also discussed the implications of the coronavirus outbreak, the Middle East and the Libya crisis.

Read More
Polar bears on Barter Island on the north slope of Alaska wait for the winter sea ice to arrive so they can leave to hunt seals, on Sept. 28, 2015. cheryl strahl / Flickr

The climate crisis wreaks havoc on animals and plants that have trouble adapting to global heating and extreme weather. Some of the most obvious examples are at the far reaches of the planet, as bees disappear from Canada, penguin populations plummet in the Antarctic, and now polar bears in the Arctic are struggling from sea ice loss, according to a new study, as CNN reported.

Read More

By Petros Kusmu, George Patrick Richard Benson

  • We can all take steps to reduce the environmental impact of our work-related travels.
  • Individual actions — like the six described here — can cumulatively help prompt more collective changes, but it helps to prioritize by impact.
  • As the saying goes: be the change you want to see in the world.
Read More