Hide message
EnergyAustralia has signed an agreement with Banpu Energy Australia, a subsidiary of the Thailand-based energy company Banpu Public Company Limited, for the sale of a 50 per cent equity interest in the Wooreen Energy Storage System (WESS).
Both parties will contribute expertise to the ongoing development of Wooreen, with EnergyAustralia's construction team continuing to deliver the project. EnergyAustralia will then operate the completed WESS under a storage services agreement.
EnergyAustralia Managing Director Mark Collette welcomed Banpu Energy Australia to this important project.
“Banpu’s international expertise and track record in large-scale energy projects will be invaluable as we work together to deliver Wooreen. This partnership brings together the best of local knowledge and global experience, ensuring we can deliver a world-class project that benefits our region and contributes to Australia's energy future," said Mr Collette.
Construction of the WESS commenced in early 2025, with commercial operations expected in 2027. Once completed, the energy storage system will be capable of supplying electricity to up to 230,000 households continuously for four hours at times of high customer demand.
"EnergyAustralia has deep roots in the Latrobe Valley. Building on many years of partnership with this community, we are enthusiastic about continuing this journey together, recognising the important role EnergyAustralia’s projects play in the community and contributing to the region's future.
“As we move forward, we remain committed to developing projects that benefit the Latrobe Valley directly and play a meaningful part in Australia's broader energy transformation,” Mr Collette said.
Stijn Koppers, CEO of Banpu Energy Australia, stated, “We are pleased to partner with EnergyAustralia on the Wooreen project, which marks a significant milestone in Australia’s journey towards a sustainable energy future. This investment strongly reflects Banpu’s commitment to delivering energy that is reliable, affordable, and environmentally responsible.”
Mr Collette said EnergyAustralia remained committed to community engagement as the project progressed.
“EnergyAustralia deeply values our strong relationships and ongoing engagement with the Latrobe Valley community. As a long-term partner in the region, EnergyAustralia is dedicated to continuing our support for the local community.” he said.
Media Enquiries
EnergyAustralia
03 9060 0079
media.relations@energyaustralia.com.au
About EnergyAustralia
At EnergyAustralia, our 2300 people are united by a clear purpose - to lead and accelerate the clean energy transformation for all.
We keep the lights on for customers today, through our energy generation facilities powered by coal, gas and renewables, combined with large-scale storage. And we’re leading the delivery of the clean energy system of the future, with projects that will provide flexible generation and enable the growth of renewables. We’re making the transition simple for our 1.6 million customers.
About Banpu Energy Australia
At Banpu Energy Australia, we aim to deliver energy that is reliable, affordable, and environmentally responsible through investments in renewable assets and new energy technologies, as well as portfolio management and energy solutions. Banpu Energy Australia is a subsidiary of the Thailand-based energy company Banpu Public Company Limited, which has operations in Thailand, Indonesia, China, Australia, Lao PDR, Mongolia, Japan, the United States of America, and Vietnam.