What's on the way
Snowy 2.0, that’s what.
Australia’s iconic Snowy Mountains Hydroelectric Scheme is expanding to become a giant battery which will help store excess energy, including household solar power.
It’s also the largest energy storage project in the Southern Hemisphere.
To store excess energy.
For over a week during peak demand.
Discover more about the innovative energy storage projects we’re investing in.
Snowy 2.0 (NSW)
Snowy 2.0 will increase the electricity storage capacity of the iconic Snowy Hydro Scheme by almost 50% and deliver almost 4000 jobs over the life of the project.
Relectrify Second-Life Batteries (Vic)
Start-up Relectrify is repurposing electric vehicle batteries to power commercial and industrial sites.
RayGen Solar Power Plant (Vic)
The RayGen Solar Power Plant is pioneering world-first technology to boost low-cost energy storage.
Genex Pumped Hydro Storage Project (Qld)
Genex are undertaking a pumped storage hydro project on the site of a former gold mine. The existing mine pits will essentially be turned into a giant water battery.
Pilbara Minerals’ lithium mine (WA)
Pilbara Minerals’ Pilgangoora Project is central to Australia’s emerging lithium industry. Lithium is a key component in electric vehicle batteries and energy storage.
Under $100 per MWh
Electricity from storage, which is available on demand for 8 hours at under $100 per MWh is our priority. Grid-scale (large scale) electrical energy storage will be an essential element of Australia’s future electricity system.
How energy storage technologies are key to unlocking the full potential of renewable energy in Australia.