Energy Storage News•8 days ago
1.2GWh of energy storage submitted for EPBC Act approval across Australia
Key Takeaway
The submission of 1.22 GWh of BESS projects for environmental approval underscores Australia's accelerating transition to a more flexible, storage-backed grid, creating new opportunities for developers and improved reliability for large consumers.
AI Summary
- •Three new battery energy storage system (BESS) developments, totaling 1.22 GWh (1,220 MWh) of capacity, have been submitted for environmental approval in Australia.
- •These projects signal significant growth in Australia's energy storage market, offering increased grid stability and potential for renewable energy integration.
- •The submission to the EPBC Act highlights the regulatory hurdles and environmental review processes developers must navigate for large-scale energy projects in Australia.
- •For large power consumers, this capacity increase could lead to more stable grid operations, reduced price volatility, and new opportunities for demand-side management or energy procurement.
- •Developers and IPPs should note the continued investment in BESS, indicating a robust market for storage solutions and potential for future PPA opportunities.
Topics
financingpolicyppastoragetransmission
Article Content
Three battery energy storage system (BESS) developments across Australia have been submitted to the Environment Protection and Biodiversity Conservation (EPBC) Act, representing a combined capacity of 1,220MWh.