The South Australian Government will spend more than $500...

The South Australian Government will spend more than $500 million to take control of the state energy market.
It has announced a plan to build, own and operate a $360 million, 250-megawatt gas-fired, aeroderivative plant to provide power grid stability and for emergency power needs.
Premier Jay Weatherill told a news conference the private sector would build Australia's largest battery before next summer, with a 100MW output.
The venture will be funded from a new $150 million renewable technology fund, he said.
Mr Weatherill said the state would introduce ministerial power to let the Government direct the energy market.
More to come.