According to The Australian Financial Review, NSW has awarded the first contracts to build massive batteries for its power grid as it moves to roll out at least 15 such projects across the state.
Minister for Energy and Environment, Matt Kean, told AFR Weekend the state government will spend $37.5 million, and bring in $233 million in private investment, to install two large conventional batteries, a gas hybrid battery and a “virtual power plant” across regional NSW. The virtual power plant will link up 650 residential and small business batteries.
Together they will produce up to 170 megawatts of dispatchable, or on demand, energy. The Tesla “big battery” installed at the Hornsdale Power Reserve in South Australia at the end of 2017 produces 100 megawatts and is being upgraded to 150.
The new projects will all be completed between 2021 and 2023, according to Mr Kean, and will support 260 jobs.
“One hundred and seventy megawatts of dispatchable power is enough to power 250,000 homes or around 15 per cent of Sydney for one hour. Energy investors are flocking to New South Wales. We have 14 other big batteries approved or currently before the planning system.”
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