South Australia’s Labor plans first energy storage target with 75% renewables

LinkedIn
Twitter
Reddit
Facebook
Email
Energy storage in South Australia has continued its prolific pace of development this month. Credit: Lyon Group

Ahead of a March election, the South Australian Labor government has said it will increase its renewable energy target to 75% by 2025 and implement 750MW of “renewable storage” if re-elected.

South Australia has already more or less surpassed its previous 50% renewable energy target – the government tabs it at 48.9% – and is in the midst of a major investment surge in alternative energy technologies, including energy storage. The new target includes wind, solar, pumped hydro and hydrogen among others.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Treasurer Tom Koutsantonis also announced that Labor would be targeting 750MW of “installed energy stored”. Australia’s first “renewable storage” target will be set at 25% of average peak demand. As part of this an extra AU$20 million will added to the Renewable Technology Fund to incentivise existing and new renewable generators to install storage, hydrogen, batteries or pumped hydro and other storage technologies.

Premier Jay Weatherill said: “South Australia is leading the world in renewable energy technologies, with the world's biggest battery at Jamestown, the world's biggest solar thermal plant at Port Augusta and the world's biggest Virtual Power Plant.”

A South Australian Labor release claimed that power bills in the state will fall by AU$300 over the next two years due to increased competition from new renewable energy projects coming online.

Energy storage in South Australia has continued its prolific pace of development this month with the announcement of two new grid-scale projects and a sizeable commercial and industrial (C&I) installation. South Australia is also the state where Tesla and Neoen delivered their major combined wind and storage projects, it contains one of the world’s largest solar thermal plants and will also host Tesla’s Virtual Power Plant, aiming for solar modules and batteries to be installed on around 50,000 homes.

Read Next

July 3, 2025
OptiGrid has partnered with Hepburn Energy to optimise a BESS at the 4.1MW Hepburn Wind Project in Victoria, Australia, using AI.
July 2, 2025
The Energy Security Corporation has officially launched in New South Wales, Australia, with an initial funding allocation of AU$1 billion.
July 2, 2025
Developer Atmos Renewables has successfully achieved financial close on its 400MWh Merredin battery energy storage system (BESS) in Western Australia.
July 1, 2025
Alinta Energy has approved the development of the first stage of its Reeves Plains Energy Hub BESS in South Australia.
July 1, 2025
Fluence Australia’s Marie Cullen explains why responsible sourcing is important to the energy transition and energy storage developments.

Most Popular

Email Newsletter