Big Battery Steps up as Demand Soars
2 Articles
2 Articles
Big battery steps up as demand soars
Melbourne Renewable Energy Hub | Image Credit: SECSEC’s giant battery in Plumpton is delivering strong results, providing Victorians with electricity when they need it most and easing pressure on wholesale electricity prices. Co-owned by SEC and GreenPoint Energy (a subsidiary of Equis Australia), the 600-megawatt Melbourne Renewable Energy Hub is one of the biggest batteries in the world and has been powering Victorian homes and businesses sinc…
The closing price was $315.87 per megawatt hour-day (MWh-day). These prices are equivalent to less than 30% of the cost of stock exchange energy currently paid by Colombians during drought periods.
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