On the back of today’s announcement regarding the successful tenderers for the South Australian Government 100MW Big Battery Project, ZEN Energy Chairman Ross Garnaut has provided the following commentary regarding the result and ZEN Energy’s plans for the future.
“While disappointing for ZEN, this must be a magnificent outcome for SA. The big battery and the market and systems integration that ZEN developed over the last 20 months would have a large positive effect in stabilising SA electricity supply. It would increase competition in the wholesale energy market leading to lower overall electricity prices. To have beaten us in a competitive process, the Tesla project must be even better.”
“The ZEN Big Battery at Port Augusta is designed for the special features of the wholesale power and frequency control ancillary services markets in SA. Over the next few weeks, ZEN will assess whether there is still room in the SA market for our own Port Augusta battery based grid energy solution.”
Ross Garnaut, Chairman of ZEN Energy
MORE TO FOLLOW.