About Concord canberra energy storage project tender
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6 FAQs about [Concord canberra energy storage project tender]
Will Neoen deliver big battery storage for Canberra's energy grid?
The Australian Capital Territory Government continues its charge towards delivering big battery storage for Canberra’s energy grid with $100 million dedicated to provide at least 250 MW of large-scale battery storage.Neoen has been signed to deliver part of the Big Canberra Battery project.
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.
Will Canberra's energy supply be future-proof?
The ACT Government has reached a major milestone in its work to future-proof Canberra’s energy supply. The development application has been approved to deliver Stream 1 of the project – a grid-scale battery in Williamsdale. This ACT Government has partnered with Eku Energy on this project. Construction will begin later this year.
What is the act doing to secure Canberra's energy supply?
Generic artist impression of a utility scale battery project. The ACT Government is further securing Canberra’s energy supply with a new long-term partnership with Macquarie’s Green Investment Group global specialist energy storage team, Eku Energy.
Will EKU energy deliver the next stage of the Big Canberra battery?
“Eku Energy is delighted to partner with the ACT Government to deliver the next stage of the Big Canberra Battery and support the Government’s commitment to achieve net zero emissions in the Territory by 2045.
Will a 250 mw/500 MWh battery 'future proof' Canberra's energy supply?
The Australian Capital Territory (ACT) government has announced it will partner with energy storage specialist Eku Energy to develop a 250 MW/500 MWh grid-scale battery that will help “future proof” the territory’s energy supply by reducing the load on Canberra’s electricity network and increasing network reliability.
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