CEP Energy, a specialist renewable energy fund company in Australia, has announced the largest proposed grid-scale battery project in the world so far, with up to 1,200MW rated output. The project will be sited in the small town of Kurri Kurri in the Hunter Valley region of New South Wales. The town lies within the Hunter Economic Zone, an industrial redevelopment scheme. The company is yet to decide the storage capacity, however, construction is anticipated to begin in early 2022 for completion in 2023. CEP. Energy has further plans to build four battery storage plants at different locations around Australia totaling 2,000MW. This project can play a major role in filling the gaps left by the gradual retirement of coal and gas-fired generation assets, including the nearby Liddell Power Station. Furthermore, iif this projects comes to fruition this will make CEP the biggest owner of battery storage assets in Australia. PTR believes that the clean energy roadmap laid out by the NSW Government has also provided the market with the confidence to invest in renewable generation supported by large battery storage and could be one of the reasons for this announcement. Link to the news: https://ieefa.org/cep-energy-planning-worlds-largest-battery-storage-project-in-australia/