Energy Storage

After acquiring Victorian developer Akaysha Energy in August, the world’s largest asset manager, US company BlackRock, has won the contract to deliver what will apparently be one of the world’s most powerful batteries – the New South Wales Waratah Super Battery. The battery is now expected to have a total capacity of 850 MW / 1,680 MWh.

The Australian Energy Market Operator plans to launch a world-first ‘connections simulator’ this year after completing pilot testing of the online tool that is designed to help fast-track the evaluation and approval process for new clean energy grid connections.

Australia’s largest network battery will be built at the site of the former coal-fired Lake Munmorah Power Station as the New South Wales government accelerates its plans to fill the gap created by the fast-tracked closure of the country’s biggest coal generator.

In a big week for Shell, the oil major has announced two joint ventures: the first of which involves the development of one of Australia’s largest batteries at 500 MW / 1,000 MWh alongside partner Ampyr Australia. The second involves the acquisition of a hybrid wind, solar and battery project in Western Australia with the UK’s Foresight Group.

A plan to build a 2 GW / 20 GWh pumped hydro project in the pit of an old gold mine in southeast Queensland has been declared a ‘Coordinated Project’ by the state’s Coordinator-General, a mechanism intended to fast track the plan.

Australian electricity gen-tailer EnergyAustralia will investigate the feasibility of installing a 500 MW/2000 MWh big battery energy storage system adjacent to its 1.4 GW Mount Piper coal-fired power station in New South Wales.

Core Lithium’s Finniss Lithium Project just south of Darwin’s Port opened this week, supplying battery-grade lithium to electric vehicle giant Tesla, among others. Core Lithium plans to open processing facilities at the site by early next year.

Australia-based energy investment manager Quinbrook Infrastructure Partners has sold a 49% stake in a massive $1.9 million (USD 1.2 billion) solar PV and battery energy storage project being developed in the United States to a Dutch pension asset manager.

Australian company Vast Solar’s plans to expand into the rapidly growing North American renewable energy market have received a multi-million dollar boost after the United States government announced more than $38 million (USD 24 million) in grants to advance the development of concentrated solar thermal power technologies.

The head of the country’s energy market operator has reiterated his call for the development of a mechanism that incentivises dispatchable capacity, saying it is critical to underpin the growth of renewables as Australia’s energy transition continues to accelerate.