Canberra large mobile energy storage vehicle customization

What is the Big Canberra battery project?

The Big Canberra Battery project aims to deliver 250 MW of ‘large-scale’ battery storage (LSBS) across the ACT. The ACT Government engaged the ANU Battery Storage and Grid Integration Program to undertake a co-design workshop process to help inform the design of the project.

Who is building Canberra's biggest battery?

Render of Big Canberra Battery. Image: Eku Energy. The ACT government has selected Macquarie Group’s newly formed global battery group Eku Energy to build one of the largest big batteries in the country in the national capital, and featuring an innovative although secretive financing deal.

How much does the Big Canberra battery cost?

The Big Canberra Battery is expected to cost between $300 and $400 million and will be developed, built, and operated by Eku Energy, which beat more than 40 other parties in the tender conducted by the ACT government. Construction will start in late 2024 with completion expected in 2025.

Why should we use batteries in Canberra?

Batteries can store excess renewable energy to be used at later times of higher demand - thereby extending the benefit of renewable energy into the evenings. It will increase the renewable energy hosting capacity across the ACT enabling more Canberrans to access the benefits of renewables.

Will Canberra host a 'big battery'?

Canberra is set to host at least two conventional ‘big battery’ systems, secured as part of power purchase agreements signed with wind farm developers Neoen and GPG.

How is the Victorian big battery project progressing?

For example, the 300 MW Victorian Big Battery Project is progressing with the assistance of the Clean Energy Finance Corporation (CEFC)11. The ACT Government should investigate the current financing arrangements for existing big battery projects and further understand the risk profile of such the related financing.