A 90% clean grid with a transition to EVs would achieve lower electricity costs than one without, the study shows. Transmission investments would mainly be spur lines to new renewable generation.
New South Wales network operator Ausgrid has unveiled its new community battery in Bankstown, south west of Sydney. The battery is the second of three to rollout as part a government trial to allow solar customers to store their extra energy at no additional cost.
The Australian Energy Market Commission, the country’s rule maker for electricity and gas markets, has this morning released proposals to reward fast frequency services in the National Electricity Market for the first time.
Company Solahart, which originated in Perth, has delivered a heartening snapshot of solar Australia. It found the country deploys renewable energy 10 times faster per capita than the global average, four times faster per capita than in Europe, China, Japan or the U.S.A. Solahart examined what motivates different demographics of Australians to install solar and which parts of the country are most suited to solar.
International developer Frasers Property Group, which owns Australian-based Frasers Property Australia, has secured a $300 million sustainability linked loan with $75 million provided by the Australian government. The loan will see innovative clean energy technologies installed two Australian industrial projects in New South Wales and Victoria.
Annual battery storage installations will exceed 10 GW/28 GWh in 2021, following a particularly strong year in 2020, despite the challenges created by the global pandemic, writes IHS Markit analyst Mike Longson. Combined solar and storage will be a core focus for new deployment in 2021, as the front-of-the-meter and behind-the-meter energy storage markets are both expected to grow significantly in the months ahead.
Annual battery storage installations will exceed 10 GW/28 GWh in 2021, following a particularly strong year in 2020, despite the challenges created by the global pandemic, writes IHS Markit analyst Mike Longson. Combined solar and storage will be a core focus for new deployment in 2021, as the front-of-the-meter and behind-the-meter energy storage markets are both expected to grow significantly in the months ahead.
U.S. company Group 14 Technologies has announced it will launch factory capable of producing 120 tons per year of its innovative silicon-carbon-based anode material for lithium-ion batteries. The factory is located at Group 14’s headquarters in Washington and is the first of several planned by the company.
Greater dispatchability will be required from solar as it becomes increasingly mainstream worldwide, or investors could experience diminishing returns as a victim of the technology’s success at bearing down on electricity prices.
In a strange synchronicity, two of Australia’s major aspiring vanadium producers have today come out with announcements. TNG Limited has solidified a deal to commercialise vanadium redox flow batteries using output from its Mount Peake project, while competitor Australian Vanadium has filed a patent application for its vanadium processing route.
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