Energy Storage

The Australian arm of global fund manager Octopus Group has expanded its renewable energy portfolio, teaming with the Clean Energy Finance Corporation to purchase the rights to develop two proposed utility scale solar-storage hybrid power plants in Victoria’s Gippsland region.

Work on the Jabiru Hybrid Renewable Project – featuring solar PV and battery energy storage – has achieved another milestone with project developer Energy Developments Limited confirming clearing works for the power plant being built in the World Heritage-listed Kakadu National Park are now complete.

Renewable energy developer Elliott Green Power is pushing ahead with expansion plans while continuing to seek a buyer for its Australian solar PV assets, announcing it has received approval to develop a utility scale battery alongside the 75 MW Susan River Solar Farm in regional Queensland.

Less than a week after fire broke out at the Victoria Big Battery in Geelong, Australian renewable energy developer Maoneng has given lithium iron phosphate batteries the tick of approval, declaring it will use the technology at its utility scale battery energy storage system planned for Victoria’s Mornington Peninsula.

South Korean company LG Energy Solution has partnered with Australian fintech financier Humm Group and renewable energy retailer Diamond Energy to provide customers with Virtual Power Plant platform. Virtual power plants (VPPs) are gaining momentum in Australia as a way to decrease buyback time on home batteries and potentially add stabilisation services to the grid.

A British-Australian research team has assessed the potential of liquid air energy storage (LAES) for large scale application. The scientists estimate that these systems may currently be built at a cost between €300 and €600 (AU$480 to $960) per megawatt-hour and that a positive business case could be favoured by certain conditions, including a determined price structure in the energy market and the presence of a grid unable to support high levels of renewable energy penetration.

The manufacturer has launched sodium-ion products online. Production has begun and will be easily scalable, according to the CATL chairman. Researchers have been keen to make the technology work as it offers a cheaper, more environmentally friendly alternative to lithium-ion products.

Speculation will be rife as to the cause of the fire which destroyed one Tesla Megapack and damaged another in Moorabool on Friday. Investigators are waiting until the site is deemed safe to begin their forensic examination.

The time is now for the energy consumer, says Anna Bruce, as energy “prosumers” produce, consume, and provide electricity and grid services in previously unimagined ways. Bruce, a senior lecturer at the University of New South Wales’ School of Solar Photovoltaic and Renewable Energy Engineering (SPREE), leads work on the role of distributed energy resources in the energy transition, analysing firsthand the dizzying level of complexity it brings.

Assistant Minister for Waste Reduction and Environmental Management, Trevor Evans, has announced a newly accredited Battery Stewardship Scheme that he says will triple the battery collection rate over a period five years and divert 90% of the collected materials from landfill.