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
READ MORE:
Mining Giant BHP in Battery Materials Deal With Toyota-Panasonic
On The Charge: The Top EV Battery Firms’ Expansion Plans
