The New South Wales (NSW) Government has announced it will be supporting the construction of a new $100 million (US$78 million) battery as part of a plan to substitute electricity generation after the planned closure of the Liddell coal-fired power plant in 2023.
The decision comes amid NSW’s recent power grid instability, which saw one of Australia’s largest aluminium smelters forced to power down several times in a month after power shortages and energy prices skyrocketed by 18,000 percent.