More proof that battery storage is here to stay and is a viable source of energy for regions in crisis. Our supplier is building systems for the government here in Canada in Nunavut to support remote communities. Long term battery storage may prove to be more reliable back up for peak demand to the grid than the natural gas plants which currently only run 10 days a year.  The opportunity to monetize your battery storage system in the future can go beyond eliminating the Global Adjustment.

Tesla announced on Friday it will build the world’s largest lithium-ion battery in southern Australia, part of a bid to solve an energy crisis that has led to ongoing blackouts across the region.

Tesla will partner with French renewable energy company Neoen to build the 100-megawatt battery farm in South Australia state, with Tesla CEO Elon Musk promising to deliver the system within 100 days of signing the contract or it will be free. The billionaire entrepreneur originally made the 100-day pledge via Twitter in March, and he and South Australia’s government confirmed on Friday that the deadline was part of their official agreement.

“The system will be three times more powerful than any system on earth,” Musk told reporters in the state capital, Adelaide. “This is not like a minor foray into the frontier — this is like going three times further than anyone’s gone before.”

http://www.cbc.ca/beta/news/business/tesla-giant-battery-1.4194515