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Energy Security Corporation

Image: DCCEEW (Jeremy Park).

Australia: Energy Security Corporation launches in New South Wales with mandate for energy storage

July 2, 2025
The Energy Security Corporation has officially launched in New South Wales, Australia, with an initial funding allocation of AU$1 billion.
Grid-forming BESS assets can provide inertia to maintain system stability. Image: Transgrid.

New South Wales’ Energy Security Corporation assigned AU$1 billion for energy storage

February 17, 2025
The New South Wales government has revealed that its green bank, the Energy Security Corporation, will invest in short to long-duration energy storage (LDES) projects as part of its first Investment Mandate.

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October 28
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