An Australian thermal energy storage company has reached in principle agreements to pilot thermal batteries in the telecommunication and eco-housing industries.
On August 9, a thunderstorm caused 1.5 GW of generation capacity to go offline within seconds in the U.K. The incident caused millions of households to temporarily lose power but the situation could have been considerably worse if not for the country’s battery storage reserves.
Distributed energy producer EDL has taken a top gong at the 2019 Asia Power Awards in the Environmental Upgrade of the Year category, recognition for the success of its Coober Pedy Hybrid Renewable Project.
The Distributed Energy Resource (DER) laboratory “DER-Lab” will provide an environment for safe testing of new technologies including monitoring and communication devices, smart controllers, aggregation (e.g. Virtual Power Plant), market participation software and other innovative new products.
Universities from South Australia to Queensland are embedding renewable-energy technology in their operations and teaching. Last week, the University of the Sunshine Coast in collaboration with Veolia introduced a cold-water tank — effectively a 7 MW battery — to the range of innovative options for reducing electricity costs and the carbon footprint of large, energy-hungry institutions.
ANZ has extended its collaboration with the Clean Energy Finance Corporation, committing to facilitating a further $100 million of finance to help Australian businesses cut energy costs and reduce carbon emissions. Under the scheme, the bank is offering financial discounts for upgrades and new investments in solar PV, energy storage, EVs and other technologies.
A report produced by an AI and automation market research company says an anticipated boom in the European storage market – driven by a desire to reduce carbon emissions – will attract producers as demand outside China tails away.
The Brisbane-based energy storage manufacturer has raised $4.75 million in Series A funding from the Queensland Government Business Development Fund and Australian institutional and family investors.
The grant recipients for the fourth phase of the Next Generation Energy Storage program have been announced. Launched in 2016, the $25 million program is supporting the roll out of up to 36 MW of smart battery storage.
With around 16 battery-based virtual-power-plant projects either in progress or planned across six states, Australia is demonstrating the potential of distributed energy resources to the world. An Australian Clean Energy Summit panel last week caught up on progress and potholes on the road to energy’s new two-way street.
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