Neoen has signed a 10-year virtual battery contract with AGL Energy, a leading Australian retailer and generator, for 200 MW / 400 MWh in Australia’s southwest Queensland region.

This service will be jointly backed by Stage 1 and Stage 2 of Western Downs Battery, both sized at 270 MW / 540 MWh

The virtual battery offer was first designed by Neoen in 2022 to allow AGL Energy to mimic the operation of a grid-scale battery, without having to develop, build, own or physically operate one.

Under Neoen’s virtual battery agreement, AGL will be able to hedge its customer load by virtually charging and discharging Neoen’s battery up to 200MW, using a software developed in-house by Neoen’s energy management and asset management teams.

With customers able to instruct their virtual battery almost in real-time, with 5-minute bid granularity, Neoen’s bespoke solution is ideally suited to large electricity users and retailers facing the increasing challenges posed by the solar “duck curve” and evening peaks.

AGL operates Australia’s largest private electricity generation portfolio within the National Electricity Market.

This agreement increases AGL’s contracted virtual battery capacity, helping to support the company’s customer base and the transition to renewables.

You can consult our press release on that link.

Should you have any queries or concerns in relation to the project, please don’t hesitate to contact us on 1800 966 133 or email us through the contact page.