Northern Territory Invests in Battery Storage

In a joint announcement on Friday by Chief Minister Michael Gunner and Renewables & Energy Minister, Dale Wakefield, the Territory Government revealed their plans to build a $30 million big battery. The battery will help stabilise the Darwin-Katherine grid and reduce the amount of gas burned as “spinning reserve” helping the territory work towards their target of 50% renewable electricity supply by 2030.

Also announced was a new Household and Business Battery Scheme (HBBS) that will deliver a $6,000 grant for households and businesses to install a battery storage unit of at least 7kWh and reduce the amount of power they need to purchase from the grid.

Gunner said in a statement “Our new $6000 solar and battery grants will see even more Territorians choose the sun and lower power prices – and create more jobs,”

“Doing whatever it takes to save lives from coronavirus means throwing the kitchen sink at saving jobs and preparing the Territory for the rebound. I’m backing Territorians, solar and lower prices to get it done – we have a bright future if we all stick together.”

The Battery Energy Store System (BESS) is expected to pay for itself in about five years.

RECENT POSTS
By Shazamme System User December 2, 2024
We are excited to announce the appointment of Luke Madsen Maher to Capstone.
By Shazamme System User December 2, 2024
Capstone is delighted to announce the appointment of Chris Paterson to the role of Director, Energy, based in Brisbane.
By Shazamme System User November 13, 2024
Capstone are delighted to announce the opening of our New Zealand office today in Auckland and the appointment of Hamish McLean as Director.
By Shazamme System User September 5, 2024
We are delighted to announce the formal endorsement of our Reflect Reconciliation Action Plan
By Shazamme System User August 13, 2024
Capstone is celebrating five years since our Brisbane office opened in Queensland.
CATEGORIES

LEAVE A REPLY

Your email address will not be published. Required fields are marked *

Contact Us

Share by: