STRENGTHENING SOUTH AUSTRALIA’S ELECTRICITY SYSTEM THROUGH STORAGE
Posted on Thursday, 22 February, 2018
Federal Member for Grey Rowan Ramsey said he is pleased the Turnbull
Government, through the Australian Renewable Energy Agency (ARENA), is
providing $1 million to conduct two feasibility studies into pumped hydro
energy storage (PHES) projects in the Grey electorate.
“A half a million dollar grant will enable EnergyAustralia to complete the next
stage feasibility study into the Cultana seawater PHES project – a first of its
kind project in Australia which would have a capacity equivalent to more than
126,000 home batteries at a third of the cost,” he said.
proposed Cultana project at Cultana, would buy electricity cheaply when there
is a surplus and despatch it when needed, providing stability to SA users.
is the most critical component to stabilising the SA network. The State
Government should insist all new renewable projects include a storage component.
Without this commitment every new intermittent generator actually undermines
the viability of the base-load generators, essential to keeping the lights on.”
Cultana project, supported by a $435k grant last year has already assessed the
project would generate 225MW for almost eight hours. It is a genuinely large
capacity storage, fourteen times bigger by comparison than the Jametown battery
and could be operational by 2023.
million dollars will also assist Zen Energy and SIMEC Mining compile a
feasibility study into a PHES project at the former Iron Duchess North mine in
the South Middleback Ranges near Whyalla.
an existing mine pit as a lower reservoir, the project has an estimated
capacity of 90MW for four hours. The study will include high level designs,
engineering studies, network studies, geotechnical investigation, market
modelling and commercial evaluation.
“Sanjeev Gupta’s acquisition of a signigicant stake in Zen Energy bodes well
for a prosperous, sustainable future for both Zen and GFG Alliance,”Mr Ramsey
“The Turnbull Government is investing in innovative solutions to our
electricity problems including in price and reliability.”