Eight large-scale batteries will be built across Australia by 2025 as part of measures to keep energy prices down, the federal government says.
The government-owned ARENA has allocated $176 million for the projects.Eight large-scale batteries to store renewable energy will be built around Australia to support the grid and help keep energy prices down, the federal government says.
"Some people say the sun doesn't always shine and the wind doesn't always blow and that's true, but we can store renewable energy for when we need it," he told reporters outside the Transgrid battery in Western Sydney.The batteries will come online by 2025 and together would be big enough to power Tasmania for about three hours.
ARENA says the completion of the eight battery sites will result in a "tenfold increase in grid forming battery storage capacity across the grid".Queensland will be home to two, at Mount Fox and Western Downs, while South Australia will also have two, at Bungama and Blyth. "Renewable energy is the cheapest form of energy, the more renewable energy we have in the system, the cheaper bills will be," he said.ARENA CEO Darren Miller said the batteries could underpin the transition to renewable energy in Australia.
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