There has been significant industry interest in the Big Canberra Battery project, with 42 submissions from interested parties to a market sounding process which closed recently.
This is a clear signal of the industry’s capacity to deliver on this ambitious project, which will support the ACT’s efforts to reduce emissions and maintain a reliable and efficient energy grid for ACT households.
The Big Canberra battery will deliver at least 250MW of battery storage – supporting Canberra households with stored renewable energy. When complete, it will be one of the biggest battery storage systems in Australia.
The Big Canberra Battery will involve a distributed network of batteries built around the city. As a combined network, this battery system can address network constraints, enable more Canberrans to reap the benefits of solar and present the opportunity for Government to reduce costs and potentially generate revenue.
Through the Government’s Sustainable Household Scheme, which will support more Canberra households to fit solar panels and efficient electric appliances, we will further increase the significant amount of renewable energy already generated in this city.
The global battery storage market is predicted to be worth $400 billion by 2030, and the high interest in the ACT’s proposed battery system will ensure that the nation’s capital remains at the forefront of a booming industry – supporting new jobs in emerging industries.
An Expression of Interest process will open in the coming months for interested industry partners to work with the ACT Government on the specific design parameters of the project.