New Energy Storage Project in Victoria: A Breakthrough in Renewable Energy Storage

The Victorian Government has announced a significant investment in renewable energy storage with the delivery of 100 large-scale rechargeable lithium-ion batteries to the Koorangie Energy Storage System. This project is part of the Victorian Government's $480 million investment into the state's energy grid. The Tesla Megapacks are expected to provide critical energy storage and boost the amount of renewables that can be hosted in the Murray River region by up to 300MW.

The Victorian Government's $480 million investment into the state's energy grid is a significant step towards achieving its renewable energy targets. The investment will fund the construction of 12 renewable energy projects, including the Koorangie Energy Storage System. These projects will help to strengthen and modernize the grid, making it more reliable and efficient.

The Koorangie Energy Storage System will help to boost the amount of renewables that can be hosted in the Murray River region by providing a reliable source of energy storage. This will allow for more renewable energy to be generated and used in the region, reducing the reliance on fossil fuels.

The Koorangie Energy Storage System will provide a number of benefits, including:

• Increased renewable energy generation and use in the Murray River region

• Reduced reliance on fossil fuels

• Improved grid stability and reliability

• Reduced energy prices for consumers

• Creation of jobs in the renewable energy sector

The Koorangie Energy Storage System will use grid forming inverters to enable the battery to play a dual role in providing both storage for the abundant renewable energy in north-west Victoria and strengthening the grid to enable even more renewables to connect. Once completed in 2025, a single charge of the battery system will be able to power all the homes in the Gannawarra Shire Council area for more than 14 days or all the homes in Kerang for more than 30 days.