The Federal Government is seeking tenders for the Capacity Investment Scheme (CIS) Tender 2.
Project bids are now open for dispatchable capacity projects in the Western Australian Wholesale Electricity Market (WEM).
The WEM is separate to the National Electricity Market (NEM) and operates with a unique Reserve Capacity Mechanism (RCM). Tender 2 closely aligns with the RCM process and aims to deliver a pipeline of quality, bankable projects for inclusion in the mechanism.
This tender aims to deliver 500MW of four-hour equivalent (or 2,000MWh) of clean dispatchable capacity. This will help support the energy system to reach 82 per cent renewables by 2030.
Projects must meet the eligibility criteria and:
- be located in Western Australia
- connect to the South West Interconnected System
- have a minimum storage duration of two hours
- have a minimum registered capacity of 30MW.
Following the June 2024 completion of the Stage A bids for CIS Tender 1, seeking generation capacity in the NEM, AEMO Services will administer the CIS Tender 2 process on behalf of the Federal Government.
The Federal Government will run CIS tenders every 12 months for the WEM and every six months for the NEM until 2027.
Through the CIS, the Federal Government will seek competitive tender bids for renewable capacity and clean dispatchable capacity projects to:
- deliver an additional 32GW of capacity by 2030
- deliver the Federal Government’s 82 per cent renewable electricity by 2030 target.
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