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mudguts

12,627 Posts.

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22/07/24

15:05

Post #: 74858973
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Originally posted by acorn ↑

Spanish energy giant unveils two huge battery storage projects in Australia

Spanish energy giant Iberdrola has revealed two new battery storage projects in Australia – its biggest yet in the country – that will take its total capacity to more than 1,500 gigawatt hours.

The new batteries are a 250 megawatt (MW)/ 500 megawatt hour (MWh) Gin Gin project near Bundaberg in Queensland – although its EPBC application describes it only as a 500 MW project – and the 270 MW, 1,080 MWh Kingswood project in New South Wales (NSW).

https://reneweconomy.com.au/spanish...o-huge-battery-storage-projects-in-australia/

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For a loud mouth know it all , I am surprise by the tubleweed response.

So you dont know.

Is the money paid by the Austalian consumer for this 'free' battery power, staying in Australia or will the Spanish company move profits overseas (not paying any tax here)...how long till it has to be replaced ..and at what cost.
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