The Brookfield consortium looking to acquire Origin Energy has lodged its merger application with the ACCC, arguing the takeover is in the national interest since it will accelerate Australia’s decarbonisation. The application also flags investment figures as high as $30 billion (USD 20 billion), up from the $20 billion previously flagged.
Griffith University researchers have developed a tool to identify sites for pumped hydro storage projects. Using North Queensland to demonstrate the tool, the researchers identified 14 potentially feasible sites in the region where the LCOE ranged between $0.04/kWh – $0.27/kWh.
Phillip Island off Victoria’s southern coast has switched on a 5 MW/10 MWh lithium-ion phosphate battery to support the island’s grid during peak tourism periods.
Melbourne Market Authority has switched on a 2.4 MW solar carpark at its facility in North Melbourne. It is the first in a three stage project, which will eventually result in a 10 MW rooftop system.
Queensland hydrogen battery startup Endua has installed its first 100kW standalone hydrogen power bank in south Brisbane. The news come weeks after the company raised $11.8 million (USD 7.81 million) to scale the technology.
The New England megaproject just became even more mega, and is now set to house a 1.4 GW / 2.8 GWh battery – taking the crown for Australia’s biggest battery. Developer ACEN Australia says the NSW government has approved its expanded battery proposal, which is set to go in next door to its 720 MW New England Solar project.
A global race is underway to capture the manufacturing market for clean energy technologies. While lady lucky has certainly shone on Australia, competition is fierce, experts say.
Despite their promise, adoption rates of Virtual Power Plants (VPPs) in Australia have been underwhelming. Head of Renewable Energy Finance at Plenti, Louis Edwards, says the issue stems from VPP operator’s overlooking their point of sale. “It’s too much risk the installer takes and they don’t do it,” he tells pv magazine Australia.
Queensland has opened its first Queensland SuperGrid Training Centre and Transmission Hub in Gladstone. The facility is expected to train 500 energy workers annually in a range of areas, including high voltage technical training.
GemLife, which describes itself as “luxury resort living for the over-50s,” has set up its own Virtual Power Plant (VPP), and is set to invest $75 million in coming years to rollout the VPPs across more than 10,000 homes in its property portfolio on Australia’s east coast.
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