YEF wins funding for a community battery to be located in Richmond
YEF is thrilled to be a recipient of funding from the Victorian Government for a community battery at Burnley Backyard community centre in Richmond.
The community battery will reduce emissions from energy, allow a higher solar penetration, and provide a new off-street EV charge-point for shared local use.
The funding is part of Round 2 of the Neighbourhood Battery Initiative (NBI), which includes $1.5 million for two neighbourhood batteries. The other battery being funded is for the Library at the Dock, managed by City of Melbourne.
YEF attended the announcement event this week with the Hon. Lily D’Ambrosio, Minister for Energy, Environment, Climate Change, and Solar Homes, alongside the Hon. Richard Wynne, Cr Amanda Stone and Cr Sophie Wade (Mayor) of the City of Yarra, and Lauren O’Dwyer the Victorian Labor candidate for Richmond.
“We are incredibly excited to start our second community battery project under the Neighbourhood Battery Initiative,” said Dean Kline, YEF’s CEO.
“We were especially energised to see so many of our local community and supporters at the announcement, including representatives from the Richmond Community Learning Centre, City of Yarra, students and teachers from Melbourne Girls’ College, local residents, Yarra Climate Action Now, and industry experts.”
This new battery will build on YEF’s previous project in Fitzroy North, with key learnings captured in a comprehensive Final Report.
The batteries will support the Labor Government’s Energy Storage Targets, reaching a massive 2.6 gigawatts (GW) of renewable energy storage capacity by 2030, with an increased target of 6.3 GW of storage by 2035.
A third round of the NBI will be opened in early 2023, with more details to be released shortly. Round 2 projects will commence in 2022 and be completed by June 2024.
For more information on the NBI, visit energy.vic.gov.au/grants/neighbourhood-battery-initiative