Long Duration Storage With Lithium Batteries Gets a Boost With RWE Bid In Australia
- The eight-hour-long duration battery storage system is most likely to be Australia's longest-duration energy storage device.
RWE Renewables, a German-based energy business, has actually currently gotten a tender in New South Wales (NSW) in Australia to offer long-term power storage systems. The business had earlier bid for its suggested eight-hour-long battery storage systems. Nevertheless, by quoting less than pumped storage, the company has opened a slew of opportunities on the utility of long-duration battery storage systems in big renewable energy projects. Until now, pumped storage has been thought about the most affordable choice for long term power storage at the lowest price.
While most of the battery storage systems last for around 2-3 hrs in Australia, this new long-duration storage proposal has actually introduced the capacity of these storage systems, which, with this scale, can likewise take on some pumped storage and various other alternatives. And that also with Lithium ion battery storage, an option that was thought about absolutely unviable for long period of time storage.
Interestingly, while the initial competitive tenders were issued to selected solar parks and also RWE's battery storage system, no pumped hydro project made it to the list. The eight-hour-long period battery storage system is likely to be Australia's and the globe's longest-duration energy storage device.
Under the agreements of the tender, the company would certainly supply long-duration storage systems for project developers. "RWE's Limondale battery power storage system with a planned mounted capacity of 50 megawatts (MW) as well as 400-megawatt hrs (MWh) has been granted. The project will be located alongside RWE's existing 249 MWac Limondale Solar Farm, with the project taking advantage of existing grid infrastructure. The project is pursuing a last investment decision in the next one year," RWE stated in a news releases.
AEMO Services performed this very first competitive tender in NSW lately. "This is a highly successful end result for the initial Roadmap tender procedure: 3 renewable generation projects with a capability of 1,395 MW (4,009 GWh), alongside one long-duration storage lithium-ion battery project with a continuous discharge capacity of at least 8 hours, every one of which have comprehensively demonstrated their monetary worth to NSW electricity customers as well as benefits to their host communities," AEMO Services Executive General Manager Paul Verschue claimed.
He included that the successful projects would deliver adequate electricity to power 700,000 homes and also represent greater than $2.5 billion in complete investment in NSW's renewable resource facilities.
AEMO added that with the new tender, the power consumers of NSW would take advantage of a few of the most affordable prices ever safeguarded via simila 'r tender procedures in Australia.
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