Potentia Energy’s Battery Storage Project Advances in Development
Potentia Energy has recently received development consent for its Ridgey Creek Battery Energy Storage System (BESS) Project.
It has also recently issued Notice to Proceed (NTP), under its connection agreement with electricity network provider, Transgrid.
The Ridgey Creek BESS project, about 10km west of Parkes New South Wales, includes a 130 MW/260 MWh energy storage system using grid forming technology and associated civil and electrical infrastructure.
Project development will now advance and, subject to final investment decision, construction is anticipated to start late this year and targeted to be fully operational by early 2027. The project has an investment value of more than $180 million.
Potentia Energy CEO Werther Esposito said this battery would provide the storage the system needs to unlock the full benefits of affordable sustainable energy.
“This project will play an important role in strengthening reliability of the grid and importantly, enabling more sustainable power for homes and businesses,” Mr Esposito said.
“Recently issuing our Notice to Proceed to Transgrid marks a significant step forward for the project.
“We’ve enjoyed a strong and collaborative relationship with both Transgrid and Lumea throughout development and we’re pleased to be moving into the next phase.
“I’d like to thank the entire Transgrid and Lumea teams for their ongoing support and partnership in helping bring this project to life.”
“We’re proud to be delivering projects that provide the grid strength and reliability needed to deliver Australia’s clean energy transition,” Mr Esposito said.
Executive General of Lumea Craig Stallan welcomed the development notice saying Lumea, part of the Transgrid Group, was excited to connect the critical project.
“Ridgey Creek Project is a crucial Battery Energy Storage System for Australia’s clean energy future.”
“Lumea is honoured to partner with our customers to help deliver projects like the Ridgey Creek BESS, which will increase grid reliability and accelerate Australia’s transition to cleaner, more affordable energy for households and businesses,” Mr Stallan said.
A grid forming BESS is a type of energy storage technology designed to provide superior voltage and frequency support to a power grid, especially during disturbances or outages.
“Ridgey Creek will support the system during faults and establishes a stable reference point for other technologies, paving the way for Australia’s energy future beyond retiring coal fired generation,” Mr Esposito said.
“This project provides the storage that Australia needs and is a perfect complement to our growing portfolio of assets across the country.”
24 June 2025 – POTENTIA ENERGY’S BATTERY STORAGE PROJECT ADVANCES IN DEVELOPMENT