Neighbourhood Battery Initiative

$0 - $800,000
Not-for-profit groups, businesses

The Victorian Government’s $3 million Neighbourhood Battery Initiative (NBI) will fund pilots and demonstrations of a range of neighbourhood scale battery ownership and operational models, to unlock the role that neighbourhood scale batteries can play in Victoria’s transitioning electricity system. The NBI is intended to: -support understanding of the full range of benefits that neighbourhood scale batteries can provide; -help to overcome barriers to the deployment of neighbourhood scale batteries; inform regulatory reform; -determine which methods of neighbourhood scale battery deployment provide the most benefits for the Victorian electricity system; and -support the decarbonisation of Victoria’s electricity system to tackle climate change. Funding (of up to $800,000) will be provided for project(s) that: -implement the trial of a neighbourhood scale battery; and -demonstrate the ability to access multiple value streams.

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Reviewed 02 March 2021