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Enter the Wellington Energy Storage Subsidy, a $320 million initiative launched in January 2025 across ECOWAS nations. This isn't just another policy paper; it's reshaping how lithium-ion batteries and flow cells are deployed from Dakar to Lagos. With planning and grid connection approvals already secured, AMPYR aims to start construction in 2025 for initial energisation in 2026. [pdf]. . How much government subsidies do energy storage projects receive? 1. Remember when South Australia's Hornsdale Power Reserve (aka the Tesla Big Battery) slashed grid stabilization costs by 90%? The Wellington project takes it further by integrating AI-driven energy trading. . As part of this transition, the A-CAES project being considered in Wellington will create hundreds of jobs, and bring hundreds of millions of dollars in direct and indirect benefits to the local economy, providing economic benefits for decades to come. The project leverages proven technology that. . Beneficiaries can draw up to one million euros with the maximum subsidy amount of EUR 360 000/MWh of electricity storage and EUR 220 000/1000 cubic meters of thermal storage.
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