How many GW of battery storage will AGL Energy have?
AAP Image/Matt Turner AGL Energy has outlined plans to lock in another 1.4 gigawatts (GW) of grid scale battery storage projects over the coming year, in the race to transform its electricity generation portfolio from its current mix of roughly 80 per cent coal to a majority of firmed renewables.
What's going on with AGL's battery storage plans?
Sophie has been writing about clean energy for more than a decade. AGL details plans to lock in another 1.4 gigawatts (GW) of grid scale battery storage projects over the coming year, in the race to transform its electricity mix from roughly 80 per cent coal to firmed renewables.
What is AGL Energy's final investment decision?
AGL Energy Limited (AGL) has reached a Final Investment Decision (FID) on a 500 MW, four-hour duration, grid scale battery to be located in the Hunter Region of New South Wales. Construction work for the battery is expected to begin in late , with the commencement of operations targeted for late .
How many batteries will AGL invest in ?
In an investor presentation delivered after the release of its half-year results for the financial year, AGL says it is targeting final investment decisions for four new big batteries totalling 900 MW in New South Wales and one 500 MW battery in Queensland. Most appear to be around two hours of storage, although this could change.
Does AGL own a big battery?
AGL already owns and operates the Torrens Island big battery in South Australia and the Broken Hill battery in NSW, is building the 500 MW, 1,000 MWh Liddell battery at the site of the shuttered coal plant and has contracted the second stage of the big Western Downs battery in Queensland being built by Neoen.
Will AGL invest in another 900 MW grid-scale battery project?
Nicks added that AGL has a clear pathway to a final investment decision on another 900 MW of grid-scale battery projects, as it aims to accelerate the development of a grid-scale battery portfolio and grow a fleet of flexible assets.
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