Quinbrook, CATL Launch 3GW Energy Storage in Australia

• Quinbrook and CATL join forces to power New South Wales with 3GW of long-duration energy storage, boosting renewable integration and grid stability for a sustainable future.

Quinbrook Infrastructure Partners is collaborating with China's Contemporary Amperex Technology Co Ltd (CATL) to introduce approximately 3 gigawatts (GW) of long-duration energy storage capacity in New South Wales, Australia. This initiative aims to enhance the region's energy infrastructure by deploying eight-hour battery energy storage systems (BESS), which are crucial for supporting renewable energy integration and ensuring grid stability.

The partnership leverages CATL's expertise in battery technology to address the growing demand for sustainable energy solutions in Australia. By focusing on long-duration storage, Quinbrook and CATL aim to provide reliable energy supply, reduce carbon emissions, and support Australia's transition to a cleaner energy future.

How will Quinbrook and CATL's partnership impact energy storage in New South Wales?

• Enhanced Grid Stability: The introduction of approximately 3 GW of long-duration energy storage capacity will significantly enhance grid stability in New South Wales. By providing eight-hour battery energy storage systems (BESS), the partnership will help balance supply and demand, especially during peak usage times or when renewable energy generation is low.
• Increased Renewable Energy Integration: The deployment of long-duration BESS will facilitate greater integration of renewable energy sources, such as solar and wind, into the grid. This is crucial for New South Wales as it seeks to increase its reliance on clean energy and reduce dependence on fossil fuels.
• Reduction in Carbon Emissions: By supporting the transition to renewable energy, the partnership will contribute to a reduction in carbon emissions. The ability to store and dispatch clean energy as needed will decrease the reliance on coal and gas-fired power plants, leading to a cleaner energy mix.
• Economic Benefits: The project is likely to create jobs and stimulate economic growth in New South Wales. The construction, operation, and maintenance of the energy storage systems will require skilled labor, providing employment opportunities in the region.
• Technological Advancement: Leveraging CATL's expertise in battery technology will bring cutting-edge energy storage solutions to New South Wales. This could position the region as a leader in energy storage innovation and attract further investment in clean technology.
• Energy Security: By providing a reliable and consistent energy supply, the partnership will enhance energy security in New South Wales. Long-duration storage systems can act as a buffer against energy shortages and price volatility, ensuring a stable energy supply for consumers and businesses.
• Support for Policy Goals: The initiative aligns with Australia's national and regional policy goals to increase renewable energy capacity and reduce greenhouse gas emissions. It supports New South Wales' commitment to achieving net-zero emissions and transitioning to a sustainable energy future.
• Scalability and Replicability: The success of this partnership could serve as a model for other regions in Australia and globally. Demonstrating the viability and benefits of large-scale energy storage projects could encourage similar initiatives elsewhere, accelerating the global transition to renewable energy.