Australian energy storage tender attracts 19 GW of proposals
- Admin
- May 1, 2024
- 1 min read
Australian Federal Energy Minister Chris Bowen describes the first large-scale auction for dispatchable capacity as part of Australia's new CIS as heavily oversubscribed, with 19,000 MW of projects bidding for just 600 MW available. The Victorian-South Australian tender, targeting projects operational by 2027, marks the start of a national bidding schedule aiming for 9 GW of dispatchable by 2030. Successful projects will receive a contract for difference from the Commonwealth.
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