Victoria Energy Storage Battery Customization

What is the Victorian big battery (VBB)?

The result is the Victorian Big Battery (VBB) – a world-leading grid-scale battery storage facility located at the Moorabool Terminal Station just outside Geelong, which can store enough energy to power over a million homes for a half-hour period.

Are community batteries coming to Victorian homes?

Community batteries are also popping up across the state, backed by $11 million for the Neighbourhood Battery Initiative, and the Government’s $1.3 billion Solar Homes program has already helped almost 10,000 Victorian households install a battery.

How many energy storage projects are there in western Victoria?

In March 2018, 2 projects in Western Victoria were chosen to be part of The Energy Storage Initiative – one in Ballarat and one in Gannawarra. Construction for the Ballarat and Gannawarra Energy Storage Systems was completed in late 2018. Both batteries began operating over the summer of 2018 and 2019.

What is the energy storage initiative?

Two large renewable battery projects in Western Victoria. In 2017, the Victorian Government announced a $25 million Energy Storage Initiative. The Energy Storage Initiative supported energy storage technologies and projects to: enhance system security, resilience and reliability.

Will a 1.8 GWh battery energy storage system be fast tracked?

A 1.8 GWh battery energy storage system proposed for Victoria’s northeast is one of two new renewable energy projects set to be fast tracked through the state’s accelerated planning approval pathway.

What are Victoria's energy storage goals?

It is worth noting that Victoria has several energy storage targets in place, including having at least 2.6GW of capacity by 2030, with this to be increased to at least 6.3GW by 2035. Eku Energy is an energy storage development platform that was launched through the Macquarie Asset Management-owned Green Investment Group (GIG) in late 2022.