Electricity Mid-Year Update 2025
Jul 29, 2025 · Electricity Mid-Year Update 2025 INTERNATIONAL ENERGY AGENCY The IEA examines the full spectrum of energy issues including oil, gas and coal supply and demand,
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Victoria 2025 Energy Storage Battery Energy Storage
Victoria fast tracks approval for 700 MWh
May 12, 2025 · The Victorian government has fast tracked the approval of what is to be one of the state''s biggest battery energy storage systems as it seeks to
EV Slowdown Countered by Energy Storage
Aug 19, 2024 · Battery manufacturers are having hard times this year. LG Energy Solutions and Samsung SDI recently posted falling quarterly revenues and
Australia''s Victoria government fast-tracks
May 12, 2025 · Developer ACEnergy has seen its 350MW/770MWh Little River battery energy storage system fast-tracked by the Victoria government in
Energy Dome to bring innovative CO2 Battery technology to Victoria
Mar 21, 2025 · Energy Dome, a global leader in long-duration energy storage (LDES), is expanding its presence in Victoria, supported by the Victorian Government, to accelerate the
EnergyAustralia charges ahead with Vic battery
Mar 3, 2025 · EnergyAustralia achieved financial close for the Wooreen Energy
Global Energy Storage Trends in 2025: Innovation,
Jun 2, 2025 · As the world accelerates its transition to renewable energy, 2025 marks a pivotal year for the energy storage sector. Driven by technological advancements, policy support, and
2025 energy transition predictions: Wartsila,
Jan 7, 2025 · Experts from CPower Energy, Wärtsilä and BayWa r.e. pick the trends and tech they believe we''ll see in 2025.
Australia: Victoria sets new BESS charge and discharge records
Jun 3, 2025 · Victoria, Australia, achieved a new battery energy storage system (BESS) discharge and charge record over the weekend, with 693.5MW and -704.8MW, respectively. Geoff
LOCKING IN LEADING RENEWABLE ENERGY AND
Dec 1, 2023 · The Bill also proposes to legislate Victorian energy storage targets for at least 2.6 gigawatts (GW) of energy storage capacity by 2030 and at least 6.3 GW by 2035, and offshore
Victoria urged to back home batteries and more
Mar 4, 2025 · Supporting Victorians to buy home batteries and hook them into a virtual power plant (VPP), as part of a suite of initiative – including more big
Wärtsilä will provide a 350 MW / 1474 MWh energy storage
Feb 28, 2025 · Technology group Wärtsilä has been contracted by EnergyAustralia to deliver 350 MW / 1474 MWh of capacity to the Wooreen Energy Storage System (WESS) in Victoria,
Joel Joel Battery Energy Storage System (BESS)
5 days ago · The Joel Joel Battery Energy Storage System (BESS) is located in Joel Joel, approximately 23km east of Stawell in Victoria''s Wimmera region.
Energy Transition Challenges: AI and Climate
Jun 20, 2025 · The World Economic Forum''s 2025 report highlights the increasing pressure on global energy systems due to climate change, geopolitical
IEA blames slowdown in energy innovation on
Apr 7, 2025 · The The State of Energy Innovation report highlights a slowdown in technology advancements due to shifts in financing and policy priorities, the
Victorian renewable energy and storage targets
The strong pipeline of renewable energy and energy storage projects under construction or undergoing commissioning, combined with continuing strong investment in rooftop PV
Victoria''s electricity future
Apr 9, 2025 · A balance of renewable energy generation and storage will be required to replace retiring coal-fired power stations and ensure Victoria''s
Victoria''s electricity future timeline
Victoria''s timeline towards a sustainable energy future highlights key milestones, from the 2009 Victorian Energy Upgrades program to ambitious renewable energy and emissions targets set
Milestone for Vic big battery
Jan 20, 2025 · The big battery will come online later in 2025, soaking up excess solar and surplus energy from the grid and releasing it back into the grid
Australia: Victoria sets new BESS charge and discharge records
Jun 3, 2025 · Victoria is home to Edify Energy''s 50MW Gannawarra solar-plus-storage site (pictured). Image: ARENA. Victoria, Australia, achieved a new battery energy storage system
Fast-tracked projects supercharging Victoria''s renewable future
Jun 6, 2025 · The State Government said meeting Victoria''s renewable energy targets will deliver $9.5 billion in economic activity, while the state''s energy workforce is projected to grow to
Victoria grants 85 MW solar farm and 70 MW BESS fast-track
5 days ago · An 85 MW solar farm and a 70 MW battery energy storage system (BESS) has received fast-tracked approval by the Victorian government through the government''s
Energy Vault to Supply Victorian Government-Owned Renewable Energy
Feb 15, 2025 · 0 403 Energy Vault, a global leader in sustainable energy storage solutions, has announced an agreement with Victorian government-owned renewable energy company, the
Strong progress towards our renewable energy
Dec 10, 2024 · This a key finding of the annual Victorian Renewable Energy Target Progress Report, which highlights Victoria''s progress towards meeting
Victoria urged to back home batteries and more
Mar 4, 2025 · Draft strategy says batteries of all sizes - and deep storage - are critical to Victoria''s future energy infrastructure. And it calls for all replacement
Five Energy Transition Lessons for 2025
Jan 9, 2025 · To work in clean energy and climate is to live in a constant state of cognitive dissonance, stuck between good news and bad. On the good side,
Our plan for Victoria''s electricity future
Victoria''s world-leading renewable energy policies and programs have already helped us to reach 5,409 megawatts of commissioned large-scale wind and
Victoria fast tracks approval for 700 MWh
May 12, 2025 · Victorian Planning Minister Sonya Kilkenny said the new approvals pathway is playing a key role in achieving the state''s energy
Australia Sees Surge in Battery Storage Investment Amid Renewable Slowdown
May 30, 2025 · In the first quarter of 2025, Australia''s investment in large-scale battery storage systems reached AUD 2.4 billion, driven by the need to stabilize the grid as renewable energy
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Victoria''s energy challenge explained in 7 charts
Mar 19, 2025 · Victoria''s energy challenges flow primarily from stopping the burning of high-polluting brown coal to mitigate climate change. Victoria has clear targets to meet this
Work powers up on SEC''s giant battery as
Sep 4, 2024 · Building renewable energy storage capacity is key to an affordable and reliable energy supply as Victoria transitions to 95% renewable energy
"Mind blowing:" Battery cell prices plunge in
Dec 17, 2024 · Latest battery storage auction prices in China stun analysts with another big price fall that could fast-track green energy switch and uptake of EVs.
Big battery on target with giant transformers in
Jan 20, 2025 · One of Australia''s biggest battery energy storage projects is preparing to plug into Victoria''s electricity grid with two 335 tonne transformers
Energy Storage Market Report 2025 | StartUs
May 18, 2025 · The Energy Storage Market Report 2025 highlights key trends, workforce developments, investment flows, and other factors shaping the
Victoria fast-tracks 400MWh BESS & 500MW
Jun 10, 2025 · Australia''s Victoria government has fast-tracked a 400MWh BESS and 500MW solar-plus-storage project for development consent.
Victoria''s second-largest BESS completed by
Dec 3, 2024 · Construction has been completed on the second-largest battery energy storage system (BESS) in the Australian state of Victoria.
VICTORIA POWERS TOWARDS NEXT RENEWABLE
Aug 16, 2025 · Minister for Energy and Resources Lily D''Ambrosio today announced that more than 42 per cent of the state''s electricity was produced by cheap renewable energy over the
EnergyAustralia begins construction of
Feb 28, 2025 · Image: EnergyAustralia. Energy company EnergyAustralia has today (28 February) confirmed that it has started construction on its
6 Frequently Asked Questions about “Victoria 2025 energy storage slowdown”
Can Victorian energy storage be connected by 2035?
Victorian Planning Minister Sonya Kilkenny said the new approvals pathway is playing a key role in achieving the state's energy storage targets of connecting at least 2.6 GW of energy storage capacity by 2030 and at least 6.3 GW by 2035.
How many energy storage projects are there in Victoria?
557 MW of commissioned energy storage capacity and 12 utility-scale storage projects with a combined capacity of 1,115 MW under construction or undergoing commissioning at 30 June 2024. Figure 4: Emissions from electricity generation in Victoria, 2013/14 to 2023/24
Will Victorian Government approve a battery energy storage system?
The Victorian government has fast tracked the approval of what is to be one of the state's biggest battery energy storage systems as it seeks to accelerate the development of projects to support its renewable energy ambitions.
What percentage of Victoria's Electricity is renewable?
For 2023/24, renewable energy was 37.8% of Victoria's electricity generation – and we've closed out the financial year with a pipeline of projects that puts Victoria well on track to achieve our next goal of 40% renewable electricity by 2025. Figure 2: Victorian renewable electricity generation share, 2013/14 to 2023/24
What are Victoria's energy challenges?
Victoria's energy challenges flow primarily from stopping the burning of high-polluting brown coal to mitigate climate change. Victoria has clear targets to meet this necessity, and policies are having an impact. In recent years, Victoria has experienced climate change through floods, bushfires, and severe storms.
What will happen to Victoria's coal plants in 2035?
Of Victoria's three remaining coal plants, Yallourn and Loy Yang A are expected to close by 2035, and Loy Yang B by the mid-2040s. New investment in low-emissions generation, transmission, storage, and gas is not emerging fast enough to replace this capacity, meaning there are risks of power shortfalls unless things change.