← Energy Realism
Reliability2026-10-12· RenewEconomy

Two new big battery projects name contractors and suppliers as construction gets underway

Image: reneweconomy.com.au

Two new large battery projects in Queensland and New South Wales have moved into construction phase. Atmos Renewables reached financial close on the 400 MW/1,600 MWh Teebar Battery system west of Maryborough, backed by the federal Capacity Investment Scheme. Australian firm Enerven will handle balance-of-plant work including site prep and a 275 kV transmission connection, while Finnish supplier Valo will deliver the battery hardware and software. Enerven is expected to begin work this year with commercial operation targeted for late 2028. A second project was also announced but details were not provided in the available text.

Where this fits

This is a bet on batteries as the principal firming tool for a renewables grid. Teebar's four-hour duration means it can only store one shift's worth of solar output; it cannot span multiple cloudy days or seasonal troughs. The reliance on imported hardware, Valo's GridSolve Quantum2 system, plus software and long-term servicing, locks Australia into a supply chain for grid-critical infrastructure. Finland and Sweden are not strategic rivals, but battery chemistry, cell manufacture, and rare-earth processing remain heavily China-dependent. Australia is building sovereign vulnerability into its grid's spine.

What it means

Each large battery project requires overseas suppliers for core equipment and subordinates grid stability to whatever weather the coming days bring. Two projects cannot meet firming need across the continent. The Capacity Investment Scheme is directing public funding toward storage that, by design, cannot firm the grid alone. Firm, long-lived, domestically-operable nuclear generation remains banned by law. Australia is choosing to pay for imported batteries to solve a problem that firm dispatchable power solves at lower whole-system cost and zero weather dependence.

By the numbers

Taking the article's figure of 1,600-megawatt-hour (MWh), at indicative Australian build costs:
What it costs to buildA$960m–A$1.6bn

at ~A$600–1000/kWh installed. Source: BNEF, CSIRO GenCost 2024-25. Indicative.

What it actually stores~0 hrs

of average national (NEM) demand if fully dischargeable, then it needs recharging. Storage shifts power, it does not generate it.

Critical minerals it consumes~3,168 t

lithium, graphite, nickel, copper and cobalt (~160 t lithium content). Replaced roughly every 12 years. Source: IEA, Argonne GREET. Indicative.

Money into China's economyA$720m–A$1.2bn

~75% of cells are China-made. Source: IEA cell-manufacturing share.

The same money in nuclear0.1–0.2 GW

enough for 1–1 TWh a year of firm, always-on power, generating for ~60 years. Source: CSIRO GenCost 2024-25 (A$8.5–13.2bn/GW), IAEA capacity factor.

Figures are indicative conversions from the article's stated quantity using published cost, material and capacity factors (CSIRO GenCost, BNEF, IEA, IAEA). Ranges, not precise forecasts.

Go deeper on the numbers

The bigger picture

Energy security is national security. This connects to the wider case at Unprepared: Australia's dependence on a strategic rival, and how ready it is for the world that is coming.

Reported by RenewEconomy. Read the original report ↗

Related coverage

The numbers, as they move

A short, sourced brief when the figures shift: a transmission blow-out, a supply-chain move, a milestone.

Free every week on Substack. Unsubscribe anytime.