Broken Hill compressed-air energy storage facility to inject $457m into economy, company says

• Our planned advanced compressed-air energy storage (A-CAES) facility in Broken Hill is projected to inject $457 million into the town over 40 years, according to a recent study.
• The project will require hundreds of workers during its three-year construction phase, dropping to about 70 full-time workers annually thereafter.
• The facility aims to improve energy reliability in Broken Hill, which faced a major power outage years ago.
• Our Greg Allen, director, believes the project will support new renewable energy ventures in the area and enable other mining projects to advance.
• The company is confident in the project’s viability, having invested heavily and received grant funding under the NSW government’s emerging energy program.

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