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Please use a supported version for the best MSN experience. South Australia aims for new gas plant, battery to fix power crisis Reuters 2 days ago Australia's most renewable-energy dependent state outlined plans on Tuesday to spend A$510 million ($385 million) to keep the lights on, just four days after Tesla Inc (TSLA.O) boss Elon Musk offered to save the state from blackouts by installing large-scale battery storage. REUTERS/Jason Reed Tesla Model S vehicle is displayed at the Tesla store in Sydney, Australia The plan includes A$150 million to encourage development of a 100MW battery storage plant, possibly from Musk or from a number of local providers. The state will also build and operate a new A$360 million gas power plant to help stabilize its electricity system. The South Australia (SA) government came up with the emergency plan after a state-wide blackout last September during a wild storm that left homes and businesses in the dark for up to eight hours and paralyzed some industries for up to two weeks. The state, which relies on wind for about a third of doctor home loan program Oak Laurel 0430129662 its power capacity, has become vulnerable to outages and soaring prices as it doesn't have enough back-up power when the wind isn't blowing. REUTERS/Jason Reed A Tesla representative (R) stands alongside a Tesla Powerwall battery storage device as he talks with a potential customer at the Tesla store in Sydney REUTERS/Jason Reed A Tesla representative chats with potential customers alongside a Tesla Powerwall battery storage device at the Tesla store in Sydney, Australia South Australia's last coal-fired power station shut down last May, as it was making losses, and one of two units at a gas-fired power plant has been mothballed as its medical doctor home loan Oak Laurel 0430129662 owner, France's Engie SA (ENGIE.PA), has struggled to secure affordable gas. "Today, SA takes hold of its energy future. We have a national electricity market which is failing not only SA but failing the nation," South Australia's Premier Jay Weatherill said in a statement.

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