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August 31, 2021

Wambo Wind Farm – Battery Energy Storage System, Australia

By Carmen

The Wambo Wind Farm – Battery Energy Storage System is a 50,000kW energy storage project located in Jandowae, Western Downs Region, Queensland, Australia. The rated storage capacity of the project is 200,000kWh.

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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
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by GlobalData
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The project was announced in 2020.

Description

The Wambo Wind Farm – Battery Energy Storage System is owned by Cubico Sustainable Investments (100%), a subsidiary of Cubico Sustainable Investments Holdings.

The key application of the project is grid support services.

Contractors involved

Cubico Sustainable Investments is the owner of Wambo Wind Farm – Battery Energy Storage System.

Additional information

Wambo wind farm is expected to generate up to 500 MW of electricity into the national grid and incorporate a 50 MW (200 MWhr) battery for “storage and dispatch of energy on demand into the grid. Project is the joint development of Renewable Energy Partners (REP) and Cubico.

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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