Business
Victoria bets on big battery near Geelong to bolster grid reliability – The Age
French energy giant Neoen will build one of the world’s largest lithium-ion batteries near Geelong under a state government-backed plan to bolster grid reliability….
Across Australia and around the world, big batteries are emerging as key to supporting the greater uptake of renewable energy by overcoming the problem of intermittency when it is not sunny or windy. Batteries capture and store excess power created during times when conditions for renewable energy are most favourable, then release it when it’s needed during peak-usage periods such as heatwaves.
“The Victorian Big Battery and the grid support services it will provide heralds a new era for large-scale…
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