Goal: Provide South Australia with large-scale storage for renewable energy so power is available when it is needed, beginning the transformation to next-generation renewable technology.
The State Government will establish a $150 million fund to support projects that make renewable energy available 24 hours a day, seven days a week, to power the state when it is needed.
The first project to be funded will be a grid-connected battery – the largest in Australia – to provide the state with 100 megawatts of storage. The battery will modernise South Australia’s energy grid and begin the transformation to the next generation of renewable-energy storage technologies.
The Renewable Technology Fund will provide $75 million in grants and $75 million in loans, to eligible projects, to support private innovative companies and entrepreneurs.
There are a number of large-scale projects under consideration in South Australia, including solar thermal, biomass, hydrogen energy and pumped hydro.
WORLD’S LARGEST LITHIUM-ION BATTERY NOW OPERATING IN JAMESTOWN
Tesla powerpacks, connected to Neoen's Hornsdale windfarm, are now operational and delivering power to the National Electricity Market, providing system security services to South Australia and available to be discharged to the grid if required.
This is a landmark event and means that for the first time, clean and affordable wind energy can be dispatched to the grid 24 hours a day, 7 days a week, whether the wind is blowing or not, improving system reliability.
Having a dispatchable supply of renewable energy also means that Neoen now has the opportunity to sign competitive long term contracts with medium-sized business directly.
South Australia is continuing to lead the world when it comes to renewable energy.
NEXT ROUND OF PROJECTS ANNOUNCED UNDER RENEWABLE TECHNOLOGY FUND
Four exciting new projects have been announced under the state government’s Renewable Technology Fund.
Schneider – Planet Ark
$1.95m grant towards a $13.9m solar PV and battery project at the Coles Distribution Centre at Edinburgh. The project includes 5.7MW of solar PV coupled with 2.9MWh of battery storage.
$3.6m grant towards a $7.7m project that includes a hydrogen electrolyser and fuel cell, thermal storage, battery storage and solar PV. The project includes a 50kW hydrogen fuel cell, 0.45MWhs of battery storage, 3.2m litres of chilled water storage and 1.8MW of solar PV.
$1.6m grant towards a $3.2m thermal storage project at the Glenelg Waste Water Treatment Plant. The project will include 0.25MW/10MWh of storage generated from the combustion of biogas produced on site.
$1m grant towards a $2.69m solar PV and battery project at Beverley. The project will pair 1MW of solar PV with a 1MW/0.5MWh battery.
The first project delivered out of the Fund is the 100MW battery in Jamestown which has now been officially launched and is operating in the National Electricity Market. Around 80 submissions were received under the four calls for proposals released in August, with more projects to be announced in coming weeks.
Tesla to pair world’s largest lithium ion battery with Neoen wind farm in SA
The world’s largest lithium ion battery will be installed in South Australia under a historic agreement between French renewable energy company Neoen, US sustainable energy company Tesla and the South Australian Government.
The energy storage systems from Tesla will be paired with Neoen’s Hornsdale Wind Farm and installed before summer.
Confirming the commitment from Tesla CEO Elon Musk to deliver the battery within 100 days or it is free, it has been agreed between Tesla and the South Australian Government that the starting date for the 100 days will be once the grid interconnection agreement has been signed.
After leading the nation in renewable energy, the 100MW / 129MWh battery places South Australia at the forefront of global energy storage technology.
The battery will operate at all times providing stability services for renewable energy, and will be available to provide emergency back-up power if a shortfall in energy is predicted.
The deal will also bring other investments by both Neoen and Tesla into South Australia’s economy, with details to be announced in the future.
The selection of Neoen will also strengthen South Australia’s links with France’s high-tech sector and reinforce the State’s world-leading role in tackling global warming.
Wind power with battery storage has been recommended through the Finkel Review as well as AEMO’s recent reports to provide energy system security services – this plan delivers on these objectives.
Neoen was selected on a merit basis after a multi-stage procurement process attracted around 90 responses to the Expression of Interest, with 14 proponents invited to supply, and 5 shortlisted for detailed assessment.
The consortium demonstrated it is capable of delivering 100MW of capacity by December 1 and provided a highly competitive commercial offer with the best value for money.
Neoen and Tesla have a track record in comparable scale projects, and are committed to deliver on time at the lowest cost with a suite of value-adding initiatives.
Find out more about this project at hornsdalepowerreserve.com.au