The newest massive battery venture has begun after years of planning as vitality entrepreneurs eye a future 100 per cent renewable electrical energy grid.
Australian-founded renewable vitality firm GMR Energy mentioned on Tuesday the $330 million venture on Victoria’s Mornington Peninsula would assist quick monitor the clear vitality transition.
Big batteries are important to the change from coal and gas-fired crops as a result of utility-scale battery vitality storage programs (BESS) can present a necessary back-up for photo voltaic and wind energy.
The Mornington BESS will energy the equal of 40,000 houses when it connects to the southern a part of the Victorian grid, by releasing extra saved vitality to cowl durations of peak demand.
With growth and connection approvals in place, GMR Energy has signed an early works settlement with transmission community service supplier AusNet to construct the infrastructure wanted to attach the standalone facility to the grid by the top of 2024.
GMR Energy CEO Morris Zhou mentioned the crucial vitality infrastructure would help the Victorian authorities’s goal of enhancing the reliability of regional electrical energy in an space that’s notably uncovered to fluctuations in demand.
“With the current supply chain issues meaning a significant bottleneck in the availability of transformers and other materials required, we have partnered with AusNet to commence early works and procure long-lead items,” he mentioned.
AusNet chief growth officer Jon D’Sylva mentioned the infrastructure adjoining to AusNet’s current Tyabb substation would assist present extra vitality safety to the area.
GMR Energy was fashioned when Gaw Capital Partners invested in Australian renewable vitality firm Maoneng, which has plans for different tasks throughout Australia which might be meant to help a future 100 per cent renewable electrical energy grid.
Mr Zhou mentioned 4 tasks within the pipeline embody Gould Creek in South Australia, which has growth approval, and three in NSW which have had purposes lodged.
“We are committed to building out these utility scale batteries on sites we have spent years to identify and develop, and to play our part in supporting Australia’s transition to renewables,” he mentioned.
Source: www.perthnow.com.au
