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Tesla Scheme Undercuts Power Hub Plan: The Age

An Australian government-backed plan to turn Tasmania into a power hub supplying the big cities in the southeast of the mainland would be a costly dud, according to a Victoria University-linked energy researcher.

The plan to build out pumped hydro and wind generation and transport electricity through a A$7 billion, 250-kilometre undersea cable would be undercut by Tesla-supplied battery projects in Victoria, the Victoria Energy Policy Centre said in a report.

Read the full report: The Age

 

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The post Tesla Scheme Undercuts Power Hub Plan: The Age appeared first on Asia Financial.

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