Victorian Big Battery




PROJECT
PIPELINE
STATUS

Prospective pipeline

Credibly proposed

Announced

Under procurement

Preferred bidder announced

Recently closed
Victorian Big Battery
STATUS

Prospective pipeline

Greenfield (construction) or brownfield (government asset divestment) projects needed or likely to occur within the next five years, but is not formally proposed by a state, territory or major local government.

Credibly proposed

The project or divestment is supported by a state, territory or major local government, is subject to studies or other processes (such as pre-feasibility or scoping studies or business case development), and is likely to proceed to formal announcement.   

Announced

The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.

Under procurement

The project or transaction is under procurement (such as a call for Expressions of Interest, requests for tender, or another offer to the market).

Preferred bidder announced

A preferred bidder has been selected and is in exclusive negotiations.

Recently closed

Projects that have progressed to contractual close remain on ANZIP for 12 months.

ANZIP is focused only on major infrastructure activity, above the following thresholds:

Australia

Construction projects: > AUD$300m

Investable greenfield & brownfield: > AUD$100m

New Zealand

All greenfield and brownfield projects and divestments: > NZD $100 million


STATUS: Credibly proposed
SECTOR: Energy
JURISDICTION: VIC
PROCUREMENT APPROACH: Unknown
TYPE: Greenfield

The 'Victorian Big Battery' is a project proposed by Neoen and Mondo Power. Mondo Power is a subsidiary of AusNet Services, which owns and operates Victoria's electricity transmission network. The project comprises a largescale battery energy storage system (BESS) at Moorabool, 6 km northwest of Geelong, Victoria. According to media reports, the project has an estimated total capital cost of $300 million.

Construction of the facility will involve installation of up to 600 megawatts of battery storage capacity, switch rooms, and ancillary equipment, alongside required work to the site such as earthworks and drainage. It is likely the battery facility would be built in two stages.

The project would be the largest battery storage facility in the country, at four times the size of the 150-megawatt ‘Tesla Big Battery’ in South Australia, which is also operated by Neoen. The project aims to provide Fast Frequency Response services to the National Electricity Market, act as a reserve to augment power supplies in Victoria, and improve grid reliability.

In April 2020, a project proposal was submitted by the proponents to the Federal Government's Department of Environment and Energy for assessment under the Environmental Protection and Biodiversity Conservation (EPBC) Act. The proposal is currently pending assessment.



Last reviewed: 08/05/2020

Presented by

Government sponsors

treasury-website-logobw

Supporting agencies

 
nzte-logo_web

 

 

doird_strip_web_trans
ia_trans