ACE Power Secures Approval for 1.4GW BESS in Queensland

• ACE Power secures EPBC clearance for 1,400 MW BESS projects, boosting Queensland's renewable energy transition and grid stability.

ACE Power, an Australian renewable energy developer, announced it has secured Environmental Protection and Biodiversity Conservation (EPBC) clearance for two significant battery energy storage system (BESS) projects in Queensland. These projects have a combined capacity of 1,400 MW and a total storage potential of 5,600 MWh.

The approval marks a crucial step forward in ACE Power's efforts to enhance energy storage capabilities in the region, supporting the transition to renewable energy sources. The projects are expected to bolster grid stability and reliability, contributing to Queensland's renewable energy targets and reducing reliance on fossil fuels.

How will ACE Power's BESS projects impact Queensland's renewable energy goals and grid stability?

• The BESS projects will provide critical backup power, reducing the risk of blackouts and enhancing grid reliability during peak demand periods.
• By storing excess energy generated from renewable sources like solar and wind, the projects will help balance supply and demand, ensuring a steady flow of electricity.
• The increased storage capacity will enable more efficient use of renewable energy, minimizing curtailment and maximizing the integration of clean energy into the grid.
• These projects will support Queensland's goal of achieving 50% renewable energy by 2030 by facilitating the transition from fossil fuels to sustainable energy sources.
• The BESS projects will contribute to reducing greenhouse gas emissions by decreasing the need for coal and gas-fired power plants to meet energy demands.
• The development of these projects will likely stimulate local economic growth, creating jobs in construction, maintenance, and operation of the storage systems.
• By enhancing grid stability, the projects will encourage further investment in renewable energy infrastructure, accelerating the overall energy transition in Queensland.
• The projects will serve as a model for other regions, demonstrating the viability and benefits of large-scale energy storage solutions in supporting renewable energy goals.