- 70MW of battery to be charged and discharged virtually.
- 627 Lithium-ion batteries to be installed.
France’s Neoen has signed a deal with AGL Energy Ltd to virtually charge and discharge a certain proportion of its 100MW/200MWh Capital battery project in the Australian Capital Territory. Up to 70MW of battery storage is to be charged under the agreement. The contract is for a duration of 7 years and is the first of its kind in Australia.
In the normal course of events, a customer is to be granted full market control rights to the entire energy storage capacity; however, in the case of AGL, the company will cover its customer load through virtual charging and discharging of the batteries “as and when it chooses,” over five-minute trading intervals.
“The virtual battery is an ideal firming tool that will become a standard Neoen product and a key element in the success of our growing offer to our customers,” said Louis de Sambucy, Neoen Australia’s managing director.
The battery storage capacity will have 627 lithium-ion batteries, with the Capital Battery projected to commence operation in the first half of 2023. Construction of the facility, located in Canberra, started in December 2021 in partnership with Doosan Heavy Industries & Construction Co Ltd. Doosan GridTech is in charge of the construction.