Victoria will invest in one of the world’s biggest lithium-ion batteries as part of a state government push to transition to renewable energy and create jobs as the economy recovers from COVID-19.
At a combined daily coronavirus briefing and pre-budget funding announcement on Thursday, Energy Minister Lily D’Ambrosio said construction of the 300-megawatt battery would create 85 jobs. It will be installed near the Moorabool Terminal Station, just outside Geelong.
“The big battery will help protect our network in summer, create jobs and drive down energy prices, as well as supporting our recovery from the coronavirus pandemic,” she said.
“Victoria is embracing new technologies that will unlock more renewable energy projects than ever before.”