Another step towards cheaper electricity

The Marshall Liberal Government has welcomed today’s announcement that Infigen Energy will begin construction of a new 25MW/52MWh Battery Energy Storage System at its 278.5 MW Lake Bonney Wind Farm in South Australia’s South East.

 

“The Marshall Government is a strong supporter of increasing battery storage to harness the full potential of South Australia’s abundant renewable energy to deliver lower prices to households and businesses,” said Minister for Energy and Mining Dan van Holst Pellekaan.

“South Australia needs substantial investment in multiple battery storage systems to ensure the continued transition to renewable energy produces more affordable and reliable electricity.

“Infigen’s investment in South Australia is welcome news to businesses in the state as it will increase the competitiveness of electricity prices for customers with high energy demand.

“The $38 million lithium-ion battery attracted a $5 million grant from the State Government and a $5 million grant from the Turnbull Government through ARENA’s Advancing Renewables Program.”

Infigen CEO Ross Rolfe said the project demonstrated Infigen’s solid progress towards participating in the current growth opportunities in the National Energy Market.

“We are delighted to be able to work with a global technology leader Tesla, ARENA and the South Australian Government to improve energy security for South Australian energy consumers,” Mr Rolfe said.

Once installed the (BESS) will be connected to the National Electricity Market via the Mayurra substation owned by ElectraNet.

When fully charged, the battery will have 52 megawatt hours of stored electricity, ready to be dispatched when needed. Construction is expected to begin in September.

By charging during times of low demand and low prices in the spot market, the battery will enable Infigen to store and supply energy to service the needs of their customers and manage the risks of intermittent production during periods of high market prices.

In addition to providing firming energy for Infigen’s portfolio, the battery will also provide ancillary services to the National Energy Market ensuring increased security and quality of supply.

Infigen’s Battery Energy Storage System is one of 21 projects to receive funding through the State Government’s Renewable Technology Fund.

The combined investment of the 21 projects supported under the Fund is expected to total around $1.5 billion.


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