South Australia

Leaders go bananas over big battery spat


Jarrod Sierocki

Premier Jay Weatherill speaks to reporters about yesterday’s announcement that tech billionaire Elon Musk’s company Tesla will partner with a French energy company to build the world’s biggest lithium ion wind power storage battery in South Australia. Video: Miles Kemp

South Australian Premier Jay Weatherill with Tesla chief Elon Musk in Adelaide. Picture: Facebook

SOUTH Australia’s “big battery” and the Snowy 2.0 hydro-electricity scheme could become white elephants and trigger power price hikes, the Productivity Commission has warned.

The commission — which provides economic advice to the Federal Government — has raised concerns over a variety of taxpayer-funded projects which are designed to secure Australia’s electricity network.

Jarrod Sierocki

Federal Treasurer Scott MorrisonSource:Supplied

The commission’s criticism comes after Premier Jay Weatherill reacted angrily to Federal Treasurer Scott Morrison comparing the battery to tourist icon the Big Banana.

In its annual review of trad…

Read the full article at: http://www.news.com.au/national/south-australia/productivity-commission-warns-sas-big-battery-and-snowy-20-hydro-scheme-could-drive-up-prices/news-story/e5c38858dab3b11d373d0ee033589e69

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