Battery alliance — Lyon, JERA and Fluence team up to pursue projects
The parties will assess utilisation of utility and industrial-scale battery storage solutions in new projects and at existing renewable and thermal generation plants across their collective operational footprints.
David Green, Chairman, Lyon, said, “This collaboration agreement is based on a shared understanding that the world requires low emissions energy systems that are also secure, reliable and affordable. Utility-scale battery storage solutions across new and existing generation plants will be a key enabler.”
On projects to which the parties commit, Lyon will be the project developer, JERA an investor and Fluence the energy storage solution and service provider.
JERA is an equal joint venture of two major Japanese electricity companies, TEPCO Fuel & Power Incorporated and Chubu Electric Power Company.
Fluence is an equal joint venture of Siemens and AES, and combines all battery-related activities previously undertaken by the parent companies.
The collaboration agreement expands on the strong relationships formed by the parties through development of Lyon’s tranche 1 integrated solar and storage projects: Cape York, Queensland (55 MW solar + 20 MW/80 MWh storage); Nowingi, Victoria (253 MW + 80 MW/320 MWh); Riverland, South Australia (253 MW + 100 MW/400 MWh) (up to 330 MW solar including stage 2).
“Lyon’s collaboration agreement with JERA and Fluence is a major step toward a future where the world’s electricity systems meet consumers’ needs securely and reliably with renewable power,” said Green.
“Lyon’s tranche 1 projects will include four-hour Fluence battery storage systems and are scheduled to commence construction in the coming months.”
“This collaboration agreement positions Lyon, JERA and Fluence to lead the world in the deployment and use of utility and industrial scale battery storage.
“There are many markets beyond Australia where big batteries can provide substantial value in terms of network strength and dispatchable capacity. The ability of battery storage to reduce curtailment of variable renewable generation plant along the same transmission line is particularly attractive.”
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