I'm happy this is happening but if it requires $50M in tax payers dollars it's not exactly viable now is it?
As a South Australian, I'm (very!!) happy to trade a few tax dollars for much lower power prices. The extra tax is more than made up for in savings. On this particular topic, the South Australian government's interests and mine are precisely aligned: We are both getting screwed over by power generators exploiting the intermittent nature of renewables to make bigger profits. Did you know they deliberately keep gas pea…
That's optimistic.
I guarantee you will be paying more for electricity generation because of this battery. There's no way the incumbents would allow this thing to be connected to the grid if there wasn't a dollar (quite a few dollars) in it for them.
Giving money and power to politicians is like giving car keys and whiskey to teenage boys.
Regards, former SA resident.