Wednesday, May 3, 2017

Vic says renewables + batteries cheaper than peaking gas

The Victorian government has declared the combination of renewable generation and energy storage as the cheapest source of new peaking power, in documents detailing the state’s $25 million large-scale battery storage scheme.

As formally announced last week, the Andrews Labor government is seeking two 20MW battery storage installations – with a total of 100MWh of storage – to be located in the western part of the state where network strength is low and renewables penetration is high.

And it wants them up and running nice and quick, in time for the next summer peak demand period, in January 2018.
This shouldn’t be a problem, considering the exceptionally strong market response to its call for expressions of interest, which attracted more than 100 enquiries.

Read Sophie Vorrath’s story on RenewEconomy - “Vic says renewables + batteries cheaper than peaking gas.”

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