Energy in transition

A safe, reliable energy future

mc2 Energy supports the renewable transition through innovative application of proven energy storage technology

We’re supporting a safe and affordable energy transition for NSW

New South Wales is at a critical point in time. Coal-fired power is being phased out, and renewable energy generation is being brought online. But without sufficient long-term storage, energy supply and costs will be volatile, undermining the viability of industries and jobs that rely on a clean energy future.

Our answer is long-duration energy storage in the form of Pumped Hydro.

The proposed Port Kembla Pumped Hydro Project (PKPH) will help support a secure and affordable energy transition.

It will support the creation of a properly functioning energy market and avoid a potential failure in energy generation and supply and associated affordability crises.

The project is ambitious. This is not a time to think small. It involves thinking holistically about energy security, water security, community benefits, and the region’s future prosperity.

Why Pumped Hydro for Port Kembla

The AEMO’s 2024 ISP highlights an urgent shift, with most coal-fired generators closing by 2035, significantly earlier than past forecasts. This rapid transition amplifies the challenge of stabilising the National Electricity Market (NEM) as we move away from coal. Pumped hydro at Port Kembla stands out as a vital solution, addressing the growing need for energy storage to ensure a smooth transition. It offers a way to avoid potential energy price surges and supports a sustainable shift to renewables, safeguarding against energy insecurity and price volatility in a post-coal era.