South Australia state govt says to build new gas power plant
SYDNEY (Reuters) -- The state of South Australia is to build a new gas power plant as part of a $377.65 million plan to provide energy security and avoid a repeat of damaging blackouts that struck last year.
State Premier Jay Weatherill told a news conference the private sector would also build Australia's largest battery storage plant, with a 100MW output.
The announcement comes just four days after Tesla Inc boss Elon Musk offered to save the state from blackouts by installing $25 million worth of battery storage.
Reporting by Wayne Cole; Editing by Michael Perry
At CERAWeek by IHS Markit, held in Houston in March, IEA Director Fatih Birol said that the world would soon see a major second wave of shale gas production from the US in response to higher energy prices and growing demand from India and China.
Mozambique and Tanzania hold an estimated 180 Tft3 and 57 Tft3 of proven natural gas reserves, respectively.
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