Australia’s battery capacity to double in 2022
Australia’s battery capacity is set to double this year, growing to 1.1 GW as many utility-scale storage projects become operational in the second half of 2022, data from Rystad Energy reported by AFR shows.
Neoen currently dominates Australia’s big battery landscape, with the 150MW/194MWh Hornsdale Power Reserve and now the 300MW/450MWh Victorian Big Battery. There are a number of other players though currently in the process of constructing battery storage projects, most notably in Victoria, South Australia and New South Wales, many of which are slated for completion this year.
2021: the year of the battery announcement
In December 2020, analysts at Cornwall Insight Australia pegged Australia’s battery energy storage (BESS) pipeline at 7 GW. By the end of 2021, its research showed Australia’s pipeline of proposed storage had grown enormously to over 26 GW.
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[…] Realistically therefore, due to being commercially available now, batteries are most likely to be the best energy storage technology to use to mitigate renewable intermittency. For example, the UK already has over 1.3GW of operational battery storage capacity with a total pipeline of 16.5GW. The US’ operational battery capacity increased by 311% in August 2021, from 1,631 MW in January 2021, and Australia is expected to reach 1.1GW by the end of 2022. […]