Labor is delivering an Australian-first battery in the Latrobe Valley to drive down power prices.

The SEC’s fourth project, SEC Energy Works near Morwell is a 143-hectare site that will host multiple renewable energy technologies.

These technologies will stabilise the grid and help lower power bills for Victorians.

The first project is the SEC Compressed Air Battery (SEC CAB), a 20-megawatt closed-loop, compressed CO2 battery.

This Australian first technology will be able to hold three times the electricity of a large-scale lithium-ion battery.

It will store cheap renewable electricity generated during the day, and release it back into the grid overnight, putting downward pressure on energy prices.

The SEC will continue to add projects to the site, expanding renewable energy and storage in the Latrobe Valley.

This investment is part of Labor’s Victorian Energy Jobs Plan, which is delivering more than $18 billion in wages to regional Victorian workers by 2040 and $4.6 billion in Latrobe-Gippsland region alone.

To build the workforce Victoria needs for its energy future, Labor has established the SEC Apprenticeship Academy, which will provide 2,000 electrical trade apprenticeships over four years.

Quotes attributable to Minister for the State Electricity Commission Lily D’Ambrosio

“Labor has turned the Latrobe Valley into one of the best places to invest in energy in the country.”

“This Australian-first battery will help lower power prices and increase gird reliability for households and industry.”