Energy Storage News•20 days ago
Australia’s biggest LDES tender: NSW contracts six battery storage projects totalling 1.17GW/12GWh
Key Takeaway
Australia's largest LDES tender in NSW provides a clear market signal for significant battery storage development, enhancing grid reliability and creating substantial opportunities for developers and technology providers.
AI Summary
- •New South Wales (NSW) has contracted six new battery storage projects totaling 1.17GW/11.98GWh, marking its largest-ever long-duration energy storage (LDES) tender.
- •This significant procurement by ASL (formerly AEMO Services) demonstrates a strong government commitment to grid stability and decarbonization through LDES.
- •For developers, this tender signals a robust market opportunity in Australia for large-scale battery projects, setting a precedent for future LDES procurements and potential PPA structures.
- •Large power consumers in NSW can anticipate enhanced grid reliability and energy security due to the substantial addition of long-duration storage capacity.
Topics
capacity-marketpolicyppastorage