Tesla’s CEO, Elon Musk made a bet to build the world’s biggest battery in Southern Australia in 100 days or he’d pay USD 50 mn for it.
And he’s constructed it!
Here is the background.
South Australia’s population of 1.7 million people suffer regular power cuts and energy shortages. In simple words, they lose electricity often. For example, late last year, much of the state was left without power after a storm damaged crucial transmission lines. Another major blackout occurred in February when a heat wave caused a spike in power demand.
To resolve these issues, Elon Musk claimed that Tesla could end blackouts in South Australia. He set out to build a colossal lithium ion battery within 100 days.
A lithium ion battery is something you probably use in your day to day life. Your cellphone, laptop computer all use lithium-ion batteries. They are rechargeable storage batteries.
Now how will a battery solve the power issue is South Australia?
- Well, the battery will store power generated by a wind farm close by. The wind farm uses wind mills and turbines to generate renewable energy.
- This battery will plug into South Australia’s electricity grid so it can supply the renewable energy when needed.
- When fully charged, the Tesla Powerpack is expected to hold enough power for 8,000 homes for 24 hours, or more than 30,000 houses for an hour during a blackout.
Tesla South Australia lithium-ion battery storage
The ambitious timeline dates back to a bet made in March, when billionaire entrepreneur Mike Cannon-Brookes threw down the gauntlet to Musk on Twitter, asking if Tesla was serious when it claimed it could quickly end blackouts in South Australia.
Tesla will get the system installed and working 100 days from contract signature or it is free. That serious enough for you?
— Elon Musk (@elonmusk) March 10, 2017