Will Victorian Government approve a battery energy storage system?

The Victorian government has fast tracked the approval of what is to be one of the state’s biggest battery energy storage systems as it seeks to accelerate the development of projects to support its renewable energy ambitions.

What is Victoria's largest battery energy storage system?

The $350 million (USD 224.4 million) project, being developed near the town of Little River about 45 kilometres southwest of Melbourne, will be one of the state’s largest battery energy storage systems if it goes ahead and will “support Victoria’s clean energy transition.”

How many energy storage projects are there in Victoria?

557 MW of commissioned energy storage capacity and 12 utility-scale storage projects with a combined capacity of 1,115 MW under construction or undergoing commissioning at 30 June 2024. Figure 4: Emissions from electricity generation in Victoria, 2013/14 to 2023/24

Where is Victoria's New big battery located?

An additional 150-megawatt of energy storage capacity will be added to Victoria’s grid thanks to a new big battery located at the former coal-fired power station in Hazelwood, Gippsland.

Can Victorian energy storage be connected by 2035?

Victorian Planning Minister Sonya Kilkenny said the new approvals pathway is playing a key role in achieving the state’s energy storage targets of connecting at least 2.6 GW of energy storage capacity by 2030 and at least 6.3 GW by 2035.

Will Energy Australia invest in New energy storage capacity?

Investment in new energy storage capacity will be critical for EnergyAustralia, its Hong Kong parent company has said, as it seeks to take advantage of increasing price volatility in Australia’s wholesale electricity markets and to replace the ageing Yallourn coal power plant in Victoria before its retirement in three years time.