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Monday, May 11, 2026

Updated Monday, May 11, 2026 at 22:19:41

Leadership in the Asia-Pacific energy market

Iberdrola accelerates its expansion in Australia with new energy storage projects

Newsroom Thursday, February 05, 2026 Reading time:

Iberdrola strengthens its strategic position in Australia after winning a contract for the Kingswood battery (100 MW) and inaugurating the Smithfield facility (65 MW), key projects for the stability of the electricity grid in New South Wales.

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Iberdrola consolidates its leadership in the energy transition of Australia after being awarded a long-term storage contract for the project Kingswood and inaugurate the battery of Smithfield en Nueva Gales del Sur This February 2026, optimizing the state electricity grid.

 

Boosting energy infrastructure in New South Wales

 

El Grupo Iberdrola It continues to execute its global electrification roadmap. The company has reached two significant milestones in the state of Nueva Gales del Suraimed at improving grid flexibility and the integration of renewable energy. The official inauguration of the battery of Smithfield The event was attended by the state's Minister of Energy, Penelope Sharpe.

 

Both facilities are designed to increase the supply efficiency and ensure a more self-sufficient and competitive energy system. These storage assets allow for the management of peak demand and the stabilization of prices in a highly technical market like Australia's.

 

Technical details and supply capacity

 

The project Kingswood It stands out for its 1.080 MWh storage capacity, which allows it to supply energy uninterruptedly for eight hours. Meanwhile, the facility of Smithfield, located in the west of SídneyIt is now operational after being completed ahead of schedule.

 

Battery Project Power (MW) Capacity (MWh) Scope of Supply
Kingswood 100 MW 1.080 MWh 65.000 homes
Smithfield 65 MW 130 MWh 20.000 homes

 

Iberdrola Australia's investment commitment

 

The subsidiary Iberdrola Australia It positions itself as a key player in the ocean market, managing over 2.000 MW of generation capacity. The company's strategy for the 2025-2028 period includes an investment exceeding 1.000 millones de euros in the country, taking advantage of its solid AAA credit rating.

 

The competitive advantages of these projects under the scheme Long-Term Energy Service Agreement (LTESA) include:

 

  • Guaranteed supply during peak demand hours.
  • Greater stability and predictability in energy prices.
  • Reducing dependence on non-renewable sources through large-scale storage.

 

Key points and frequently asked questions about Iberdrola's expansion in Australia

How important is the Kingswood project for the electricity grid?

The project Kingswood It will provide up to eight hours of energy autonomy, allowing it to supply some 65.000 homes during peak consumption periods.

What is Iberdrola's planned investment in Australia until 2028?

Within its strategic plan, the Grupo Iberdrola It plans to allocate more than 1.000 billion euros to projects in the Australian market to accelerate electrification.

What role do LTESA contracts play in these awards?

The contracts LTESA These are long-term energy service agreements promoted by the Government of Nueva Gales del Sur that ensure the viability and profitability of critical infrastructure such as batteries Kingswood y Smithfield.

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