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August 30, 2021

Hornsdale Power Reserve – Battery Energy Storage System, Australia

By Carmen

The Hornsdale Power Reserve – Battery Energy Storage System is a 100,000kW energy storage project located in Hornsdale, South Australia, Australia.

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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
Enter your details here to receive your free Report.

The electro-chemical battery energy storage project uses lithium-ion as its storage technology. The project was announced in 2017 and was commissioned in 2017.

Description

The Hornsdale Power Reserve – Battery Energy Storage System is owned by Neoen (50%), a subsidiary of Impala and The Government of South Australia (50%).

The key applications of the project are frequency regulation, renewables capacity firming and renewables energy time shift.

Contractors involved

Neoen, Tesla and The Government of South Australia have delivered the battery energy storage project.

Additional information

The batteries will be charged by the wind farm and will discharge into the grid during times of peak and high demand. The batteries will also serve to smooth the integration of variable wind energy into the network and to provide backup power in the event of outages.

The expansion takes the total capacity of the battery to 150MW.

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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