Energy storage targets for Victoria

The Andrews Labor authorities has launched large power storage targets. The state plans to attain 2.6 GW of renewable power storage capability by 2030, with an elevated goal of 6.3 GW of storage capability by 2035.

The storage targets embody each short- and long-term power storage programs – able to storing greater than eight hours of power – together with batteries, hydropower and hydrogen applied sciences.

Victoria is already house to the southern hemisphere’s largest battery – the Victorian Huge Battery – a 300MW battery simply exterior Geelong.

To help the brand new objectives, the state authorities is investing $119 million from its $540 million Renewable Power Zone Fund in a 125 MW battery and grid-forming inverter within the Murray Renewable Power Zone between Bendigo and Pink Cliffs. It’ll additionally make investments $38.2 million from its Power Innovation Fund (EIF) in 4 tasks that use new applied sciences to generate and retailer clear power

Atmosphere Victoria congratulated the Andrews Authorities on setting these power storage targets and can now work with the Authorities to form the targets.

“Power storage is without doubt one of the vital lacking parts in Australia’s transition to 100% clear power,” mentioned Jono La Nauze, CEO of Atmosphere Victoria.

“The Andrews Authorities has already made vital investments in power storage, together with 10,000 batteries in Victorian homes, the 300MW grid-scale battery storage undertaking in Geelong and the 350MW utility-scale battery deliberate for Yallourn.

“Up to now, nonetheless, there has not been an overarching plan at both the state or federal stage to coordinate private and non-private investments in storage capacities.”

Key priorities for Atmosphere Victoria embody:

  • Make sure the goal will be scaled to offer a 100% renewable grid as quickly as potential;
  • Supporting the fast growth of Victoria’s electrical energy storage business;
  • be sure that transmission and distribution infrastructure is constructed to facilitate the supply of electrical energy from storage.

“We at the moment are calling on the Commonwealth and different states to work with Victoria to develop a nationwide storage goal that may allow the Albanian authorities to satisfy its goal of 82% renewable power by 2030,” mentioned La Nauze.

Photograph credit score: iStock.com/MF3d