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Battery storage project queue in Australia climbs to almost 7GW

first_img FacebookTwitterLinkedInEmailPrint分享Renew Economy:Australia has around seven gigawatts of battery storage projects at various stages in the development pipeline, a new report has estimated, nearly 1GW of which is on track to be delivered by 2024.Projections from Cornwall Insight Australia published on Thursday suggest there is currently just over 900MW-worth of committed or significantly progressed big battery projects being developed around the country with another 6GW-plus either proposed or in planning.Last month, the biggest big battery in Australia, the largest in the southern hemisphere was unveiled by the Victoria government, Tesla and developer Neoen, marking just the latest of more than a dozen big battery projects to be formally announced in the last few months, with many more in the pipeline.Still, as the Cornwall Insight analysis points out, 7GW of battery storage is rather a lot – and certainly far more than forecast by the Australian Energy Market Operator. (And it does not include the proposed 20GWh battery to go with the Sun Cable project in the Northern Territory.“Even if we only assume that 10% of the projected storage will make it to completed projects, that is still a total of ~1.5GW of battery storage that we can expect by 2024 – more than 13x AEMO’s forecast in the Integrated System Plan,” said principal consultant, Ben Cerini.The report finds that the state with the largest MW of proposed battery projects is Victoria, with more than 4GW in the planning and development pipeline – an amount that represents nearly half (more than 40%) of the state’s recent peak demand. New South Wales, meanwhile, has a smaller 1.3GW in the pipeline, but Cornwall notes that this is “well on the way” to the 2.3GW identified in the state government’s NSW Roadmap.[Sophie Vorrath]More: Big battery pipeline nudges 7GW in Australia, as roles for storage multiply Battery storage project queue in Australia climbs to almost 7GWlast_img

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