Canberra Energy Storage New Energy

Will a big battery power Canberra?

The government said the big battery project will be capable of responding rapidly to network constraints and will be able to store enough renewable energy to power one-third of Canberra for two hours during peak demand periods. The Williamsdale battery will be developed, built and operated by Macquarie Group offshoot Eku Energy.

How will the Big Canberra battery project work?

Selection of the battery operator will be made in late 2024 following a procurement process. The Big Canberra Battery project will provide renewable energy security across the electricity grid, help the ACT grow its renewable energy sector, provide more local employment opportunities, and deliver a positive financial return for the Territory.

Why is the Big Canberra battery a significant milestone for EKU energy?

Quote attributable to Eku Energy CEO, Dan Burrows: "The Big Canberra Battery represents a significant milestone for Eku Energy as it marks our first GWh of projects in delivery in Australia. We are proud to be working in partnership with the ACT Government to deliver the development of the first stream of the Big Canberra Battery.

How much does a battery energy storage system cost?

This 250-megawatt (MW), 500 megawatt-hour (MWh) battery energy storage system (BESS) is part of the Big Canberra Battery project and can store enough renewable energy to power one-third of Canberra for two hours during peak demand periods. The BESS will cost between $300 and $400 million and will be developed, built, and operated by Eku Energy.

Will a 250 MW / 500 MWh battery energy storage system 'future proof' Canberra?

The way has been cleared for construction to begin on a 250 MW / 500 MWh battery energy storage system that will help “future proof” the Australian Capital Territory’s energy supply by reducing the load on Canberra’s electricity network and increasing network reliability.

Will Canberra's energy supply be future-proofed?

The ACT Government is future-proofing Canberra’s energy supply by expanding its renewable energy storage with a new partnership with global specialist energy storage business, Eku Energy, launched by Macquarie’s Green Investment Group.