Successful bid price of mobile ESS unit project in Australia 2025

What is ESS market report?

ESS Market Report Covers Energy Storage Companies in Australia and is Segmented by Type (Battery Energy Storage System (BESS), Pumped-storage Hydroelectricity (PSH), and Other Types) and End User (Residential, Commercial, and Industrial, and Utility-Scale).

How many CIS bids are there in Australia?

There were 6 successful bids for major energy projects. This totals 1,075 MW of reliable capacity. The first pilot of the CIS was launched in 2023 as a partnership between the Australian and NSW Governments. The second pilot tender was applied in South Australia and Victoria and covered dispatchable capacity.

How many MW is a Bess project?

The project will be structured as two facilities, one of 100 MW/200 MWh and another of 150 MW/300 MWh. An energy offtake agreement has been signed for the smaller of the two sections. Meanwhile, the 150 MW portion will operate on a merchant basis, “marking the first merchant BESS debt financing in New South Wales.”

How much does a ltesa project cost?

Stoney Creek and Griffith BESS projects have secured maximum LTESA contract terms of 14 years each, while the PHES project’s LTESA contract term was for a maximum of 40 years. The average price stood at $135,000/MW/year, and $15,000/MWh/year and an equivalent annual annuity of 95,000/MW/year and $10,000/MWh/year.

How long does a PHES project have a ltesa contract?

This is the first time a PHES project has been awarded an LTESA. Stoney Creek and Griffith BESS projects have secured maximum LTESA contract terms of 14 years each, while the PHES project’s LTESA contract term was for a maximum of 40 years.