October 23 (Renewables Now) – The Australian Renewable Energy Agency (ARENA) will join the New South Wales government in funding of the 50-MW/75-MWh Wallgrove Grid Battery project in western Sydney.
ARENA said it will contribute up to AUD 11.5 million (USD 8.2m/EUR 6.9m) towards the project, while the NSW government will provide AUD 10 million as part of its Emerging Energy Program.
The funding will be channelled to network operator TransGrid, which will own and operate the AUD-61.9-million lithium-ion battery.
Tesla Inc (NASDAQ:TSLA) will design and build the battery using its energy storage product Megapack. Sydney-based renewables company Infigen Energy Ltd (ASX:IFN) will trade the battery in the wholesale market and frequency control ancillary services markets, ARENA said.
“The Wallgrove Grid Battery will demonstrate the technical capability of batteries with advanced inverter capabilities to substitute traditional inertia. In doing so, TransGrid will demonstrate that batteries can provide the most cost-effective solution for NSW’s projected upcoming inertia shortfall,” ARENA CEO Darren Miller said in a statement.
Wallgrove will be the first battery in New South Wales to pilot grid scale synthetic inertia as a network service, added Eva Hanly, TransGrid’s executive manager of strategy, innovation and technology.
(AUD 1.0 = USD 0.711/EUR 0.601)