SEC on the 10 July, announced plans to establish SEC Energy Works, an energy innovation precinct in Victoria’s Latrobe Valley. The 143-hectare property, located in Hazelwood North, will provide a space for SEC to partner with industry to develop a range of new energy infrastructure and storage technologies that our future energy system will require.
The project will be Victoria’s first long-duration energy storage facility and Australia’s first commercial use of closed-loop, compressed CO2 energy storage.
As Victoria advances towards its 65% renewable energy target in 2030, wider deployment of longer-duration storage will be critical for grid reliability and security.