1 result found
Case studies
The 300MV Victorian Big Battery is currently to be Australia’s largest lithium-ion battery which assists in providing critical grid support services, reducing wholesale power costs for consumers and assisting in the transition to renewable energy in Victoria, Australia. It utilises the System Integrity Protection Scheme (SIPS) which increases import capacity to Victoria by up to 250 MW, reducing the likelihood of unserved energy (USE) from high impact, low probability (HILP) events during summer periods.
Read time: 3 minutes
Resource type:
Case studies
Sectors:
Energy - Storage, transmission, and distribution
Subsectors:
Energy storage
Lifecycle Stage:
Financing
Region:
Oceania (including Pacific)
Innovative Funding & Financing:
Financing