The Andrews Labor Government is building neighbourhood batteries across the state, storing renewable energy to slash emissions and power bills.
Minister for Energy Lily D’Ambrosio today announced two new neighbourhood batteries in Richmond and Docklands.
The Labor Government is accelerating its $10.9 million neighbourhood batteries program, maximising the broad uptake of rooftop solar to store cheap, clean renewable energy at a local level and deliver it back to its host community.
As part of Round 2 of the Neighbourhood Battery Initiative (NBI), the Labor Government is investing $1.5 million for two neighbourhood batteries in Richmond and Docklands.
Neighbourhood-scale batteries increase energy stability and enable the grid to support more rooftop solar by storing generated electricity during the day and discharging it back at night.
Top Australian Brokers
- City Index - Aussie shares from $5 - Read our review
- Pepperstone - Trading education - Read our review
- IC Markets - Experienced and highly regulated - Read our review
- eToro - Social and copy trading platform - Read our review
Yarra Energy Foundation will deliver a 120kW/390kWh battery and off-street EV charge-point installed at the Burnley Backyard, a Council community centre in Richmond. City of Melbourne will install a 150kW/300kWh system at Library at the Dock, the first in a planned 5-megawatt (MW) network of neighbourhood-scale batteries.
The batteries will support the Labor Government’s Energy Storage Targets, reaching a massive 2.6 gigawatts (GW) of renewable energy storage capacity by 2030, with an increased target of 6.3 GW of storage by 2035.
A third round of the NBI will be opened in early 2023, with more details to be released shortly. Round 2 projects will commence in 2022 and be completed by June 2024.
