A 200-megawatt, $1 billion facility built by Canadian company Hydrostor near the historic mining city will be Australia's first large-scale compressed air energy storage facility, capable of powering up to 80,000 homes for a day. On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced it has conditionally approved $45 million in funding to construct a 200 MW / 1600 MWh fuel-free energy storage facility, developed by Hydrostor Inc, utilising their Advanced Compressed Air Energy. The energy storage centre will be able to power about 80,000 homes in peak demand. 7 million) in funding to support its 200 MW Silver City Energy Storage Centre project in Australia.
