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August 31, 2021

Esperance Hybrid Project – Battery Energy Storage System, Australia

By Carmen

The Esperance Hybrid Project – Battery Energy Storage System is a 5,500kW energy storage project located in Esperance, Western Australia, Australia. The rated storage capacity of the project is 1,900kWh.

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Battery energy storage will be the key to energy transition – find out how

The market for battery energy storage is estimated to grow to $10.84bn in 2026. The fall in battery technology prices and the increasing need for grid stability are just two reasons GlobalData have predicted for this growth, with the integration of renewable power holding significant sway over the power market. Over the last decade, various new digital and smart technologies have been integrated, with countries aggressively promoting the modernization of grids, enhancing the grids’ capability to meet present and future requirements. As part of the effort, batteries are being deployed for a wide range of uses. A few such uses include aiding smart grids, integrating renewables, and creating responsive electricity markets. Read this report for expert insights into:
  • Market size and growth
  • Key drivers and restraints
  • Regional trends
  • The impact of the commodity price increase on the battery prices
Get ahead of this growing market and win big by utilizing our report.
by GlobalData
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The project was announced in 2020 and will be commissioned in 2022.

Description

The Esperance Hybrid Project – Battery Energy Storage System is being developed by Horizon Power. The project is owned by Horizon Power (100%).

The key applications of the project are renewable energy integaration, electric energy time shift and grid suppotive services.

Contractors involved

Horizon Power is the owner. Horizon Power is the developer.

Additional information

Battery storage is to improve the efficiency of the power station by responding to variabilities in power generation. This will also help reduce the likelihood of power fluctuations.

About Horizon Power

Horizon Power is a state-government owned corporation engaged in generation, distribution and transmission of electricity. It provides new electricity and meter connections, rebates and subsidies, power supply upgrading and disconnecting, electricity meter reading, online bill payment and other related services. The corporation owns and operates a network of transmission and distributions lines. Horizon Power’s project portfolio includes Pilbara, Onslow, Esperance power project, Smart Sun Pilot, Electric Vehicle Pilot and others. It serves residents, communities and businesses. It operates offices in Broome, Esperance, Carnarvon, Kununurra, Bentley and Port Hedland, Australia. Horizon Power is headquartered in Karratha, Western Australia, Australia.

Methodology

All publicly-announced energy storage projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects are sourced through secondary information sources such as country specific power players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.

Related Companies

Free Report
img

Battery energy storage will be the key to energy transition – find out how

The market for battery energy storage is estimated to grow to $10.84bn in 2026. The fall in battery technology prices and the increasing need for grid stability are just two reasons GlobalData have predicted for this growth, with the integration of renewable power holding significant sway over the power market. Over the last decade, various new digital and smart technologies have been integrated, with countries aggressively promoting the modernization of grids, enhancing the grids’ capability to meet present and future requirements. As part of the effort, batteries are being deployed for a wide range of uses. A few such uses include aiding smart grids, integrating renewables, and creating responsive electricity markets. Read this report for expert insights into:
  • Market size and growth
  • Key drivers and restraints
  • Regional trends
  • The impact of the commodity price increase on the battery prices
Get ahead of this growing market and win big by utilizing our report.
by GlobalData
Enter your details here to receive your free Report.

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