Article

Iberdrola has initiated two energy storage projects in New South Wales, Australia, including the 100 MW Kingswood and the 65 MW Smithfield installations. These projects aim to enhance the flexibility of the energy grid and facilitate renewable energy integration.

The total storage capacity will be around 1,000 MWh, sufficient to power over 65,000 homes during peak periods. The Smithfield project, completed and supporting Kingswood, will supply energy to approximately 20,000 households. Iberdrola's strategic plan includes over €1 billion investment in Australia by 2028, reinforcing its role as a significant operator in renewable energy.