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John Jung explains battery storage to SA Premier Jay Weatherill

ZEN Energy’s Local-Global Partnership for Big Battery Project Delivery

South Australian renewable energy company ZEN Energy has brought one of the world leaders in energy storage to Adelaide, as the State Government gears up towards its big battery project.

Chief Executive Officer of US-based energy storage software and integration company Greensmith, John Jung, today (Monday 27 March) arrived in Adelaide to complete preparations with ZEN Energy in its bid for delivery of the South Australian big battery project in time for next summer.

He met Premier Jay Weatherill, government officials, regulatory agencies and ZEN Energy’s other South Australian business partners.

Mr Jung briefed the Premier and industry stakeholders on current global trends in battery storage and Greensmith’s results in the US following regulatory reform five years ago.

Last year Greensmith was responsible for installing 40 per cent of America’s battery capacity and recently completed a comparable 95MWh project in California.

Greensmith is ZEN Energy’s sister company and its delivery partner in its bid for the battery deal of the State Government’s energy plan. The energy plan, released this month, includes a proposal to build the country’s largest battery to store renewable energy and add stability to supply.

Greensmith CEO John Jung briefs the media on his company’s involvement in the ZEN Big Battery Project, in a media announcement with SA Premier Jay Weatherill and SA Energy Minister Tom Koutsantonis at the ZEN Innovation Centre on 27 March 2017.

Mr Jung said that Greensmith was “excited to be working with ZEN to deliver this globally important project, and bringing the benefit of our international experience to help stabilise the South Australian system”.

ZEN Energy Chairman and eminent economist Professor Ross Garnaut said ZEN and Greensmith brought to the project unmatched local expertise and global experience.

“Greensmith has demonstrated that it can complete these large-scale battery projects within the required timeframes,” Professor Garnaut said.

“Greensmith is the recognised global leader in grid scale battery storage while ZEN Energy has pioneered the deployment of energy storage technology in South Australia.

L to R: ZEN Chairman Prof. Ross Garnaut, Greensmith CEO John Jung, Hon. Premier of SA Jay Weatherill, SA Treasurer and Minister for Mineral Resources and Energy Tom Koutsantonis meet at ZEN Energy Head Office on 27 March 2017

“This is a local-global partnership that has the solution for South Australia.

“Our bid for the Government’s battery deal will reduce the State’s energy costs while improving energy security and reliability.

“Our proposed solar, battery and other projects in the Upper Spencer Gulf will create local jobs and help revive local industry. The presence in South Australia of the CEO of our technology partner is important to our delivery on time of a project that is of fundamental importance to the State’s energy security and development. Energy storage is critically important to energy security as we reduce carbon emissions and reduce power costs through expansion of the role of renewable energy in the years ahead.”

Professor Garnaut hosted Mr Jung and Greensmith’s Director of Business Development David Miller as they toured ZEN Energy’s innovation centre at Tonsley.

Premier of South Australia Jay Weatherill is briefed by ZEN Energy on large scale energy storage at the ZEN Innovation Centre on 27 March 2017.

 

About Greensmith

Greensmith is based in North America and was established in 2008. Greensmith designs and deploys the world’s most advanced energy storage systems, to provide effective and efficient delivery of stable power with unsurpassed performance and profitability. President and CEO of Greensmith, John Jung, led the company from concept to market leadership. He has held senior roles at technology companies operating globally, including an electronic marketplace that served 21 of the 25 largest electricity utilities in North America. He led Greensmith to selection as the industry’s fastest growing company by Deloitte Fast500. David Miller, the company’s Director of Business Development, evaluates global energy storage markets and leads consortium bid teams to target market-specific opportunities.

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