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The $300-400 million Williamsdale Battery Energy Storage System will plug into the ACT electricity grid from early 2026, with construction now underway on the site adjacent to the solar farm.
A partnership between the ACT Government and global energy storage leader Eku Energy, the 250 megawatts BESS will be part of the Evoenergy distribution network. It will store enough renewable energy to power one-third of Canberra for two hours during peak demand.
The project uses an Australia-first revenue-sharing model in which the government will receive an expected $20-25 million a year from revenue generated by the Williamsdale BESS''s participation in the National Electricity Market.
In return, the government will pay Eku a quarterly payment, which is commercial in confidence, but the government does not have any upfront costs for the development.
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Chief Minister Andrew Barr said at a sod-turning ceremony at the Williamsdale site that the model had potential for other government procurement.
“I think that will not only provide a good template for future ACT Government procurement, but a model that can be extended nationally,” he said.
Mr Barr said this investment not only supported the effectiveness and reliability of the energy network but also generated revenue for the community that could be reinvested in further renewable energy projects and community services.
Eku CEO Daniel Burrows said the project would provide grid security, delivering power almost instantaneously when needed.
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