Australian renewables company Maoneng has received development approval for its proposed 240MWp/480MWh Battery Energy Storage System (BESS) at Mornington Peninsula, in Victoria’s south.

The standalone BESS facility will be located adjacent to AusNet’s existing Tyabb substation, and will draw and store energy from the grid during off-peak periods and dispatch energy to the grid during peak periods, generating power for the equivalent of 40,000 average Australian homes.

The $190 million project will be completed by mid-2023 and will support the Victorian Government’s objective of improving the reliability of regional electricity in the Mornington Peninsula, a region particularly exposed to fluctuations in demand as a result of seasonal tourism.

The BESS project is expected to create around 160 full-time jobs during its 12-month construction phase.

“The Mornington BESS will be a vital piece of local infrastructure that will benefit the local economy in several ways,” says Maoneng co-founder and CEO Morris Zhou.

“It will help stabilise the network and manage periods of peak demand when local companies and households really need reliable electricity.

“There are also commercial opportunities during construction, and more work on the supply chain will begin as soon as our contractor comes onboard and begins the process of hiring individuals, companies and equipment suppliers.”