According to foreign media reports, a football field sized battery project will be put into use in Victoria, Australia, next year. French renewable energy company neoen announced yesterday that it has received a contract to build a 300 megawatt battery, which will become one of the largest battery facilities in the world. < / P > < p > the battery is expected to stabilize Victoria’s power grid and prevent blackouts that have plagued the region in recent summers. In addition, it supports Victoria’s renewable energy goals to help Australia get rid of coal, which is still the region’s main energy source. “Victoria is decisively abandoning coal-fired power generation and embracing new technologies, which will release more renewable energy than ever before,” Victoria’s minister of energy, environment and climate change, Lily D & amp; Ambrosio, said in a statement < / P > < p > the new battery device will be more than twice the size of another one from neoen, South Australia, which became the world’s largest lithium-ion battery when it went online in 2017. Like old batteries, the new batteries will use Tesla’s technology. The one in Victoria will be made up of Tesla’s new Megapack released last year. The Megapack was developed to replace the “peak” power plants that burn fossil fuels at peak demand. < / P > < p > as people turn on air conditioning under record high temperatures in summer, this is the peak electricity consumption in Victoria during the season, which leads to alternating blackouts. According to a report by Australian energy market operators in 2019, the pandemic has reduced energy demand this year, but the country may need to deal with blackouts in the next 10 years. Meanwhile, Victoria’s old coal-fired generators have become less reliable, according to D & Ambrosio. In January 2019, on the hottest day of the year, 200000 homes in Melbourne and other parts of Victoria lost power because of a coal-fired power plant failure. < / P > < p > the Victorian big battery also saves electricity bills for residents. According to an independent analysis, consumers will charge a fee on their electricity bill for every $1 they put in, making a $2 gain. According to neoen, the expected cost savings have a precedent: the giant battery built in South Australia in 2017 saved consumers a $150 million in the first two years of operation. Global Tech