Energy Storage

Factories suffering from rationed grid electricity could help drive a boom in on-site solar systems, and recent moves to mandate the retrofitting of PV on existing buildings could also lift the market, as analyst Frank Haugwitz explains.

Over recent years, the energy industry has been working hard to provide the structure and a regulatory framework for a market that recognises the value of coordinated demand response. Today marked the second wave — after the opening of the FCAS market in 2017 — of opportunity for organisations to trade their flexible electricity loads on the wholesale electricity market. The resulting efficiency gains are an important piece of the energy transition puzzle.

After a failed bid last year to gain control of Australia’s Infigen Energy, Philippines-based AC Energy takes over its partner’s 51.6% stake in UPC\AC Renewables.

Underground hydrogen storage seems to be coming up a lot lately, and with the burgeoning hydrogen industry needing somewhere to store itself, it’s not hard to understand why. One of the countries with the best credentials for the future hydrogen economy is Australia. A newly published report has quantified the country’s “massive opportunity” for underground hydrogen storage.

Construction has begun on a manufacturing pilot project to see battery-grade nickel, cobalt and manganese for precursor battery cathode materials (PCAM) in Perth. The facility is expected to be completed in early 2022 and is one of a number of developments that will look to establish Western Australia (WA) as a materials supplier to the growing battery manufacturing industry.

Australian clean energy investment firm Providence Asset Group will roll out hydrogen-lithium battery technology at its solar farms after partnering with the Commonwealth Bank to fund a portfolio of 10 community-based solar plants in regional Victoria as part of the group’s larger ambitions to develop up to 40 ~5 MW solar farms across the eastern states.

Singapore-based Sun Cable has unveiled a powerhouse line-up of international engineering and advisory companies to help it deliver the world’s biggest solar PV and battery energy storage project being developed in Australia’s remote far north.

Italy-headquartered energy storage specialist New Horizons Ahead has been awarded the contract to build a 100 MW/200 MWh battery energy storage system (BESS) at the site of the decommissioned Kwinana Power Station near Perth in Western Australia.

A report from Australia’s Future Battery Industries Cooperative Research Centre which analysed the development of battery hubs in the U.S., Germany and Japan, has found that co-location and cooperation between industry and government were key to hub success. For Australia to play the same game, it will have to leverage its wealth of resources, and clean up its act along the way.

Belgian materials company Umicore has signed a contract with Australia headquartered Vulcan Energy Resources to purchase up to 42,000 tons of lithium hydroxide over a five year period beginning in 2025. The material will be used in Umicore’s production of cathode materials for lithium-ion cell manufacturers.