Australian JV to Build Country's Largest Privately Funded Battery

Dec 2, 2021 03:54 PM ET
  • Engie, Macquarie's Green Investment Group (GIG), as well as Fluence have actually partnered to provide Australia's biggest privately-funded as well as possessed utility-scale battery.
  • The project will link to existing network framework to support the shift to renewable energy at the website of the previous Hazelwood Power Station in the Latrobe Valley.

Engie, Macquarie's Green Investment Group (GIG), as well as Fluence have partnered to deliver Australia's largest privately-funded and also had utility-scale battery. The project will connect to existing network infrastructure to support the change to renewable resource at the site of the previous Hazelwood Power Station in the Latrobe Valley.

Giving 150 MW/150 MWh of flexible energy, the Hazelwood Battery Energy Storage System has the capacity to store the equivalent of an hour of energy generation from the rooftop solar systems of 30,000 homes, claimed an official statement.

The battery project, privately moneyed by ENGIE and also GIG, will certainly be developed, operated, and also preserved over a 20- year period by Fluence, a company that gives energy storage services and products and electronic applications for renewables and also storage. As an established power generation website with access to 1,600 MW of dormant bandwidth, Hazelwood is distinctly placed to accommodate this first stage of the battery, says ENGIE.

Building of the Hazelwood Battery is already underway and also network connection agreements have been executed, with the battery arranged to be operational by November 2022 to line up with raising need in the summer months. The battery's ingenious style and the Hazelwood website's distinct area provide the adaptability to scale up storage space capacity swiftly and cost-effectively in order to react to network and also market demand, including additional capacity for future agreements, claim the firms.

Battery storage offers a crucial duty in speeding up the build-out of solar as well as wind sources, capturing excess power throughout periods of high sustainable generation while releasing to satisfy peak demand and lower dependence on high-carbon energy. The Hazelwood Battery will certainly also join frequency control supplementary solution markets, providing vital security to a grid progressively consisted of recurring sustainable sources.

"ENGIE's long-term commitment to Hazelwood as well as the Latrobe Valley began as a power station operator, after that as investor in a multi-million-dollar rehabilitation project as well as currently as the building contractor and proprietor of a brand-new energy asset that helps with the decarbonisation of the energy system," claimed Augustin Honorat, ENGIE ANZ CEO.

"GIG is devoted to sustaining the green energy change and storage is important in making it possible for ever-expanding renewables capacity as well as usage, to guarantee that electricity networks are resistant, reliable and also flexible. We're delighted to spend alongside ENGIE in this project which will assist solution homes and organizations in Victoria, via accessibility to reliable renewable energy," commented Greg Callman, Global Head of Energy Technology, GIG.

Fluence will use its sixth-generation Gridstack item in providing the full turnkey project, the initial Gridstack system to be released in Australia. As soon as functional, the consortium will make use of Fluence's AI-enabled IQ Application to optimize the bidding process of the Hazelwood Battery capacity in the National Electricity Market (NEM).

"Fluence is proud to sustain Macquarie's GIG and also ENGIE as they take energy storage space to its following phase in Australia: privately-financed large batteries for grid adaptability, the key to an organized energy shift for the NEM. The Hazelwood Battery will be the item of Fluence's latestgeneration technology, supported by our rapidly expanding team in Victoria and also one of the most commonly embraced automatic trading platform readily available in Australia today," stated Aaron McCann, Fluence General Supervisor for Australia.

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