Neoen Australia signs virtual battery contracts with Nectr and SmartestEnergy
France-headquartered energy generation and storage developer Neoen Australia has entered virtual battery contracts with energy retailers, Sydney-based and South Korea-headquartered Hanwha Energy Australia-owned, Nectr, and Japanese conglomerate Marubeni Corporation-owned SmartestEnergy.
The Nectr contract will provide up to two-hour and four-hour capacity services from the 845 MW / 2.3 GWh Western Downs Battery Stages 2 and 3, while Stage 3 will deliver up to four-hour capacity services to SmartestEnergy.
A virtual battery offer is a solution designed by Neoen to allow a large electricity user or retailer to mimic a grid-scale battery, without having to build or own one.
Proprietary software developed in-house by Neoen to manage the virtual asset, enables virtual charge or discharge of contracted share of the battery capacity, and can dispatch the virtual storage capacity in 5-minute trading intervals enabling flexibility in the National Electricity Market (NEM).
In 2022, Neoen Australia announced a 7-year virtual battery agreement with AGL Energy for a capacity of 70 MW in New South Wales (NSW) to be supported by the 100 MW / 200 MWh Capital Battery in Canberra.
In 2025, Neoen Australia announced it had signed virtual battery contracts with London-headquartered, Brisbane-based Shell Energy Australia and public energy company and French government majority-owned, ENGIE.
Western Downs Battery 1.2 GWh Stage 3 construction is underway and 312 Tesla Megapack 2XL units are expected to be installed by the end of 2026.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected].
Please login to comment