Project bids are now open for the Capacity Investment Scheme (CIS) Tender 2 - WEM Dispatchable Capacity (Tender 2).
The tender seeks bids 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 500 MW of 4-hour equivalent (or 2,000 MWh) of clean dispatchable capacity. This will help support our energy system to reach 82% renewables by 2030.
Projects must meet the eligibility criteria and:
- be located in Western Australia
- connect to the South West Interconnected System (SWIS)
- have a minimum storage duration of 2 hours
- have a minimum registered capacity of 30 MW.
Following the successful June 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 Australian Government.
The Australian Government will run CIS tenders every 12 months for the WEM and every 6 months for the NEM until 2027.
Through the CIS, the Australian Government will seek competitive tender bids for renewable capacity and clean dispatchable capacity projects to:
- deliver an additional 32 GW of capacity by 2030
- deliver the Australian Government's 82% renewable electricity by 2030 target.
A public webinar on Tender 2 will be held on 24 July 2024 at 11.30-1.00pm AWST /1.30pm - 3.00pm AEST.
You must first register to bid. Project bids will close in mid-August and announcement of successful bids is expected in early 2025.
Read the tender guidelines and submit a project bid on the AEMO website.
