SA's big battery just another Big Thing - lithium ion battery price

Federal Finance Minister Scott Morrison, who mocked South Australia's battery deal, said Australia was tired of watching politicians argue over the right energy solution.
Morrison will build the world's largest lithium with South Africa and billionaire entrepreneur Elon Musk --
The ion battery is a "Hollywood solution" that he doubled on Thursday.
"In any case, with the world's largest battery and the world's largest banana, he told reporters in Adelaide:" Like we are on the side of the road along the highway all over the country, it has the largest prawn in the world, but it doesn't solve the problem. ".
"So on the edge, it's hardly worth mentioning.
"30,000 South Australian families watched an episode of" Australian Ninja Warriors "with this big battery and couldn't see it.
"The battery is designed to help the power network react to the outage in a few milliseconds to ensure that there is no wider crash --
Not necessarily to provide electricity to thousands of houses for a long time.
Earlier, Mr. Morrison told the Australian industrial group: "Australia is tired of watching the political parties fight for the right energy solution.
"The government's most important task in the coming year is to keep electricity prices down," he said.
It is considering Chief Scientist Alan Finkel's proposal to set clean energy targets to encourage more investment in the industry while reducing emissions.
Mr Morrison says people must be realistic about new low investments
Emissions coal plants, noting that they still take a long time to build if the economy grows, will not solve the problem of electricity prices very quickly.
"When it comes to coal, the best thing we can do is make sure that we have the power stations we currently have. . .
"Stay open, keep the economy and work longer in the future," he said . ".
The modelling of Finkel's electricity market review suggests that adopting clean energy targets is the best way to keep coal-fired generators open for as long as possible.
The government also asked competition regulators to investigate electricity prices.
Chairman Rod Sims said that the issue of affordability has intensified over the past decade.
"A lot of policy changes have been made and people really don't take into account the affordability of electricity," he told ABC radio . ".
"The biggest dollar chasing when privatized by the state government has already cost electricity consumers, who will have to pay more.