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Victoria Fast-Tracks $350M Battery Storage Project

by Harry

ACEnergy’s large-scale battery energy storage system (BESS) project in Little River has been fast-tracked under the Allan Labor government’s Development Facilitation Program.

The Victorian government announced that the $350 million project will be able to store up to 770 megawatt-hours of electricity during times of high energy generation. This stored energy can then be used during peak demand periods, with the capacity to power more than 121,000 households.

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Construction of the project is expected to create 55 jobs, while an additional five permanent positions will be available during the project’s operational phase.

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The Development Facilitation Program was expanded last year to include renewable energy initiatives, as part of the government’s push to accelerate the rollout of cleaner, cheaper energy across the state.

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