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 ³Ô¹ÏÍøÕ¾ 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 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 on the AEMO website.
