How much does Victoria Energy Storage Power sell for

How many energy storage projects are there in Victoria?

773 MW of commissioned energy storage capacity and 21 utility-scale storage projects with a combined capacity of 2,326 MW under construction or undergoing commissioning at 30 June 2025. Figure 4: Emissions from electricity generation in Victoria, 2013/14 to 2024/25

What will Victoria do about coal-fired power stations?

A balance of renewable energy generation and storage will be required to replace retiring coal-fired power stations and ensure Victoria’s electricity system is affordable, reliable, safe, and sustainable. Actions include: Building energy storage – like the Victorian Big Battery – to help provide reliable renewable energy throughout the transition.

What is our plan for Victoria's Electricity future?

Cheaper, Cleaner, Renewable: Our Plan for Victoria's Electricity Future outlines the actions we are taking to ensure our state achieves its renewable energy targets. The plan is built on 4 pillars: Enabling the renewables big build. Empowering households and businesses to lower energy bills. Managing the transition away from fossil fuels.

What percentage of Victoria's Electricity generation is renewable?

For 2024/25, renewable energy was 42.4% of Victoria’s electricity generation – and we’ve closed out the financial year with a strong pipeline of projects that puts Victoria well placed to achieve our 40% renewable electricity generation target by the end of 2025. Figure 2: Victorian renewable electricity generation share, 2013/14 to 2024/25