Energy Insiders - a RenewEconomy Podcast Why we need more big batteries
Jul 11, 2025
Alex Wonhas, head of AMPYR and former executive at CS Energy and AEMO, sheds light on his company's ambitious battery project. He emphasizes the critical need for large batteries to support wind energy, especially in times of struggle. The discussion delves into the complexities of financing battery projects and the importance of strategic partnerships. Wonhas also highlights advancements in battery technology and community engagement, stressing their role in the transition to a sustainable energy grid.
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Battery Financing Demands Risk Management
- Financing batteries requires a significant contracted portion initially to satisfy lenders.
- Virtual tolling agreements present risks that need detailed risk management to gain bank confidence.
More Batteries Needed If Wind Lags
- If half the wind forecasted in the ISP gets built, battery capacity needs could double by 2030.
- Solar and batteries together can offset shortfalls in wind generation effectively.
Address Battery Social License Early
- Battery developers must seriously address social license concerns like noise and fire risk from the start.
- Early community and First Nations engagement can manage and mitigate these social concerns effectively.