Smithfield Battery
Smithfield, our third commercial-scale battery in Australia
The new Smithfield battery, with an installed capacity of 65 MW, is the third commercial-scale battery awarded to Iberdrola in Australia. A key energy storage system to advance the country's transition to a generation system powered by wind and solar energy.
Smithfield Battery
The Smithfield battery energy storage system (BESS) will have a capacity of 65 megawatts (MW) and 130 megawatt hours (MWh) of two-hour storage. This new lithium-ion battery is scheduled to be operational by the end of 2025, and will be located west of Sydney in the state of New South Wales.
Iberdrola Australia's project is one of three storage initiatives selected at the end of 2023 in the public tender called by the Australian Energy Market Operator (AEMO) through its services sector. In addition to the financial criteria, important aspects such as commitment to environmental conservation, local economic participation and community engagement were assessed.
Batteries for Australia's energy transition
The Smithfield BESS project is the third commercial-scale battery that Iberdrola has been awarded in Australia, joining the Wallgrove
External link, opens in new window. (75 MW) and Lake Bonney (25 MW) projects in Iberdrola Australia's battery portfolio. This new energy storage facility will be under a Long Term Energy Services Agreement (LTESA) and will help manage the intermittency associated with wind and solar generation – ensuring the supply of green energy to the company's commercial and industrial customers.
Iberdrola Australia External link, opens in new window. CEO Ross Rolfe said: "Smithfield BESS will join our portfolio of flexible, fast-start firming assets. This capability is essential to providing customer-focused clean energy supply sources, where we, as a retailer, provide commercial and industrial businesses with reliable and affordable supplies of green energy".
Iberdrola, world leader in renewable energies
At Iberdrola, we decided to commit to renewable energies more than two decades ago as a fundamental pillar on which to build our safe, clean and competitive business model. Thanks to this vision, we are today world leaders in renewable energies, reaching 42,387 MW of renewables in operation after Q1 2024.
This commitment is reflected in our Strategic Plan, in which we will allocate €15.5bn gross to renewables. More than half of this amount is focused on offshore wind in the US, UK, France and Germany; 28% on onshore wind and 18% on solar.