News
Habitat Energy boosts renewable services portfolio with 39MWp Epic Energy solar project
- Habitat Energy, a leading global optimiser of battery storage and renewable energy assets, has added a 39.24MWp solar project to its renewable energy services portfolio.
- Located in the Riverland region of South Australia, the Epic Energy-owned Mannum Solar Farm will help to meet growing demand for renewable generation and save an estimated 26,250 tonnes of CO2 every year, the equivalent of taking 8,750 cars off the road.
- Habitat Energy will use its AI-powered optimisation software and expert power trading team to monitor and optimise the solar farm’s market participation, maximising performance while ensuring compliance with all National Electricity Rules.
- Habitat Energy is growing its pipeline of services to renewable and co-located projects, as asset owners and developers increasingly recognise the value of proactively optimising these assets.
Epic Energy, one of Australia’s leading infrastructure owners, has appointed Habitat Energy, a global optimiser of battery storage and renewable energy assets to optimise its Stage 2 Mannum Solar Farm in the Riverland region of South Australia. Epic Energy is leveraging its expertise in operating energy infrastructure to build a renewable energy portfolio consisting of wind and solar farms, and standalone storage. This 39MWp project is due to go live in late 2023.
The project will add a semi-scheduled generation asset to Epic Energy’s portfolio, requiring proactive dispatch management and oversight in line with the National Electricity Rules and accurate power forecasting to minimise Frequency Control Ancillary Services (FCAS) requirements within the National Electricity Market (NEM). Habitat Energy has been chosen to provide these services, and will maximise performance through a collaborative trading strategy and by reducing the asset’s exposure to negative prices and FCAS Causer Pays costs while providing 24/7 monitoring, trading, and dispatch.
With Australia aiming to meet 82% of its electricity needs from renewable generation by 2030 – up from 40% today – managing the dispatch of wind and solar assets represents an increasing challenge and opportunity for energy market participants.
Companies like Epic Energy are helping to turbocharge Australia’s clean energy transition, but unlocking the full value of their investments requires a new approach to asset optimisation. Habitat Energy offers an end-to-end service, integrating automated dispatch intelligence, expert power traders and execution. It’s a proven model which we’re confident will deliver the best returns for our clients as they work to create a zero carbon future.
”Greg Billman, Managing Director, Habitat Energy Australia
Maximising the performance of our assets while complying with market requirements is important to deliver a return on investment and add further value to our business and our customers. We’re committed to supporting Australia’s energy transition as we grow our renewable energy asset portfolio.
”Clive D’Cruz, CEO, Epic Energy
Habitat Energy was founded in the UK in 2017 and has pioneered the transition from ancillary-only to merchant-oriented business models for battery storage. Today the company has a 90-strong team across the UK, USA and Australia. Based in Melbourne its fast-expanding Australian business provides optimisation services for standalone storage and solar, as well as hybrid systems.