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New South Wales launches tender for 1 GW of energy storage

Posted on by darion

The tender is a step toward achieving the state’s goal of adding 2 GW of new long-term storage capacity by 2030. Source: Phonlamai Photo/Shutterstock.com.

The government of New South Wales in Australia has announced a tender for long-term energy storage projects aimed at securing 1 GW of eight-hour storage capacity.

The move is part of the state’s strategy to transition to renewable energy sources while ensuring a reliable and affordable energy supply.

The tender aims to support the integration of solar and wind energy into the grid by providing energy storage solutions that can release electricity on demand.

New South Wales Energy Infrastructure Roadmap Tender 5 is currently accepting long-term storage project proposals.

Projects must be able to supply power to the state grid for at least eight hours. Technologies such as pumped storage, batteries and compressed air storage may be included.

The tender is a step towards achieving the state’s goal of adding 2 GW of new long-term storage by 2030.

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The energy equivalent of 1 GW of eight-hour storage could meet the daily demand of 505,000 households.

These projects are key to the NSW Government’s plans to transition to renewable energy, providing businesses and homes with reliable, affordable energy while reducing greenhouse gas emissions to meet net zero ambitions.

Long-term storage is essential to offset the intermittent nature of renewable energy.

The New South Wales Government also announced the creation of a second Renewable Energy Zone.

The South West Renewable Energy Zone, located around Hay, New South Wales, is currently accepting applications for the New South Wales Energy Infrastructure Roadmap Tender 5 for grid connection rights.

Selected projects will compete for an initial 3.98 GW of access rights, which could generate enough electricity for 1.9 million households.

NSW Minister for Climate Change and Energy Penny Sharpe said: “The opening of tender for long-term storage projects and access to the second renewable energy zone are milestones in the electricity infrastructure roadmap.

“They will deliver projects that will ensure New South Wales has enough renewable energy to generate and store when coal-fired power stations cease operations. They also provide certainty for investors and communities.

“Long-term storage is a key part of our future energy system, providing energy when we need it.

“Opening the second access rights process will ensure that the right mix of projects can connect to the network in a way that benefits NSW electricity consumers and host communities.

“It shows the NSW Government is ensuring a transition to a renewable energy system that will enable households and businesses to access affordable, reliable and clean energy, reducing bills and greenhouse gas emissions.”

The energy storage tender follows the NSW Government’s recent decision to extend the operating life of Origin Energy’s 2.92GW Eraring coal-fired power plant until at least August 2027.