The New South Wales Government has outlined plans for another coordinated renewable energy zone which will deliver at least 2.5GW of new network capacity as the state’s transitions from fossil fuels towards renewable power accelerates.

The National Electricity Market has always been a place of big data and high levels of automation, and the recent developments in the trading space are the next stage of that maturing.

The Australian arm of U.K.-based global fund manager Octopus Group and the Clean Energy Finance Corporation have added another renewable energy project to their joint venture’s portfolio, announcing they will work with the founders of the Blind Creek Solar Farm near Bungendore in regional New South Wales to deliver the 300MW agri-solar and battery project.

Electricity distributor Endeavour Energy has announced plans to deploy a solar-powered community microgrid featuring 3MW/3.5MWh of battery energy storage in a bid to improve the resilience and reliability of electricity supply for regional communities on the New South Wales South Coast.

AGL has committed to another big battery project as it seeks to add at least 850MW of new large-scale energy storage to its portfolio by 2024, confirming it will begin construction of a 50MW/50MWh battery at Broken Hill which will improve energy security in regional New South Wales.

The New South Wales Government is advancing its plan to build the “biggest network battery in the southern hemisphere” by 2025 as it looks to shore up a reliable energy supply ahead of the impending closure of the coal-fired Eraring Power Station.

Australia has one of the highest per-capita rooftop solar PV installation rates in the world with more than 16GW installed across more than 3 million households but the head of Australian research at U.S.-based analyst Bloomberg New Energy Finance has forecast a drop off in new installations in 2022.

Pumped hydro energy storage is ideally positioned to support reliability and reduce volatility in the energy market as Australia shifts from fossil fuels towards renewable power with former prime minister Malcolm Turnbull labelling the technology the “ultimate long-duration storage” solution.

The rollout of rooftop solar in the remote coastal town of Broome in northern Western Australia is set to get a boost with state-owned regional energy provider Horizon Power installing two centralised community batteries that are expected to unlock more than 1,400kW of solar PV hosting capacity.

Australia’s biggest power producer AGL has secured planning approval for a 500MW/2GWh grid-connected utility scale battery to be developed at the site of its coal-fired Liddell power plant in the New South Wales Hunter Valley.