The $50 million Grid Scale Storage Fund is a key component of South Australia’s energy policy.

The fund aims to accelerate the roll-out of grid-scale energy storage infrastructure and address the intermittency of South Australia’s electricity supplies to provide grid stabilisation.

Some examples of eligible technologies include pumped hydro energy storage, hydrogen and natural gas storage, solar thermal and battery storage. As well as improving energy affordability, reliability and security, successful projects will create jobs and boost local industry development.