CEFC congratulates Neoen as HPR ready to deliver grid-scale inertia services miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
Neoen's 150 MW / 193.5 MWh battery storage facility Hornsdale Power Reserve (HPR) in South Australia has secured approval from the Australian Energy Market Operator (AEMO) to deliver inertia services to Australia's National Electricity MarketHPR is the first big battery in the world to deliver grid-scale inertia services, thanks to Tesla's pioneering Virtual Machine Mode
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Further cuts to electricity prices for South Australians
Proving that the Marshall Liberal Government’s energy policies are driving down the cost of electricity for South Australians, the Australia Energy Regulator (AER) has today announced a $117 cut to the draft Default Market Offer (DMO) for residential customers.
If the draft DMO is adopted, more than 60,000 South Australian households on legacy – or standing offers – will see their bills fall by 6.4% from July 1, taking their total savings to $397 since the last State Election.
This is a fall of nearly 19 per cent in electricity prices since the 2018 election – and is in stark contrast to the skyrocketing electricity costs that were seen under Labor.