Technical FAQs 4

Does EKU energy have a battery storage project in New Zealand?

Eku Energy has bought a major battery energy storage project in New Zealand’s North Island to build out its storage assets. Eku Energy has acquired a 300 MW battery energy storage project in New Zealand’s Waikato region, marking its entry into the country.

Which energy company is building New Zealand's first grid-connected battery energy storage system?

Meridian Energy is building New Zealand’s first large-scale grid-connected battery energy storage system (BESS) at Ruakākā on North Island Paris, January 10, 2023 – Saft, a subsidiary of TotalEnergies, has been awarded a major contract by Meridian Energy to construct New Zealand’s first large-scale grid-connected BESS.

Will Saft's battery energy storage system improve New Zealand's electricity grid?

Enhanced Grid Stability: The integration of Saft's battery energy storage system (BESS) will provide essential stability to New Zealand's electricity grid.

How much does a battery cost in New Zealand?

The mean charging spot price was $123/MWh and the median was $132/MWh. As New Zealand electrifies, more grid-scale batteries will support the growing renewable energy supply. Meridian Energy is building a 100MW (200MWh) battery near Ruakākā in sunny Northland. This battery is expected to be commissioned in September 2024.

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