Energy Storage
Following an initial period of production, the Project will transition to a store of energy for domestic consumption that is a number of times larger than Snowy 2.0. This will the market to better manage fluctuations in demand, decreasing the risk of market disruption and in particular supporting the market on peak days (high demand generally driven by seasonal variation). This will be particularly important when solar or wind is unable to service the market.
Storing energy in this way directly supports Australia's low-emission and renewable energy goals by increasing market efficiency and providing a reliable source of supply.
A common and proven practice in the United States, this means energy will be stored until required. This concept has proven safe and effective in facilities in Victoria and Western Australia.