Energy Storage News•2 months ago
Quinbrook bags EPBC Act approval for 780MW Supernode North BESS in Australia
Key Takeaway
The environmental clearance for Quinbrook's 780MW Supernode North BESS underscores Australia's commitment to large-scale energy storage, providing a clear regulatory pathway for developers and promising increased grid stability for large power consumers.
AI Summary
- •Quinbrook Infrastructure Partners secured EPBC Act environmental approval for its 780MW Supernode North Battery Energy Storage System (BESS) in Queensland, Australia.
- •This regulatory milestone de-risks a significant energy storage project, setting a precedent for other large-scale BESS developments in Australia.
- •For large power consumers, this project promises enhanced grid stability and reliability in Queensland, potentially mitigating price volatility.
- •Developers can view this as a positive signal for navigating environmental permitting for substantial storage assets in the Australian market.
Topics
financinginterconnectpolicystoragetransmission