Neoen said its virtual battery is the first of its kind in Australia and is planned to allow large electricity users or retailers to mimic a grid-scale battery without having to build or own one.
The offtake gives AGL Energy the ability to hedge its customer load by virtually charging and discharging a battery of 70 MW at any time over five minutes trading intervals.
Neoen plans to leverage its 100 MW Capital Battery in Canberra to provide the offering, saying the Capital Battery will retain its ability to deliver network services. Construction on Neoen’s 100 MW / 200 MWh Capital Battery began in December 2021 and the battery is expected to start operating in the first half of 2023.
Neoen said the virtual battery solution is “ideally suited” to managing the increasing challenges of the solar “duck curve” which sees oversupply in daylight hours followed by demand peaks in the evenings which challenge energy companies.
“This innovative and flexible offtake is extremely useful for a large electricity user or retailer by conceptually ‘charging’ the battery during low demand periods and ‘discharging’ it during high demand periods,” Neoen said. “This can be scaled to precisely accommodate the size that the customer needs,” it added.
The virtual battery capacity will be made available in the New South Wales region of Australia’s National Electricity Market.
“The virtual battery is an ideal firming tool which will become a core Neoen product and a key element in the success of our expanding range of client offerings,” Neoen Australia’s Managing Director Louis de Sambucy said.
“With the Capital Battery currently under construction, we will soon be operating grid-scale batteries in three of the five states of the National Electricity Market and have multiple storage projects in development across Australia.”
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.