Energy Storage

Bloomberg New Energy Finance has significantly increased its forecast for global deployment of behind-the-meter and grid-scale batteries from now to 2040. The research company sees Australia among nine markets that will be driving this trend, as the economic case for batteries becomes unstoppable.

Australia’s first community battery trial went live on Monday, after the 52 available spots had been snapped up by Mandurah households – three months ahead of schedule. The trial involves a bulk Tesla battery integrated into existing grid and owned and operated by Western Power and Synergy.

The New South Wales government has announced plans to install up to 900 batteries with a total capacity of 13 MW on hospital and schools that already have rooftop solar systems.

Looking to set the direction for a smart energy future, the New South Wales government has launched the Emerging Energy Program. As part of the scheme, funding will be provided to support the commercialization of new low-emissions, large-scale power generation and storage projects, as well as underpin feasibility studies to help get new projects off the ground.

Testing lithium-ion, redox flow, and sodium-sulfur technologies, EPC provider CMI Energy wants to establish which types of system, or which combinations, are most suitable for different applications using the 4.2 MWh facility.

Origin Energy has won federal government funding for a feasibility assessment on plans to double the capacity of its Shoalhaven pumped hydro scheme in New South Wales and thus allow for greater storage of renewable energy.

The South Australian government has inaugurated its landmark $100 million Home Battery Scheme, which will subsidize the cost of buying a home energy storage system for up to 40,000 South Australian households. A nine-week priority period has been given to locally made battery systems, with Germany’s sonnen as the first provider to enjoy this benefit.

Melbourne-based energy tech startup GreenSync has officially launched the Decentralized Energy Exchange (deX), a digital marketplace for grid services provided by rooftop solar arrays, battery storage and EVs owned by Australian homes and businesses.

Announcing the appointment a new managing director for Australia and Asia Pacific, the German storage provider has confirmed it expects to produce the first batteries from its production line at the former Holden site in Elizabeth, SA, next month.

Know for its blockchain-based P2P platform that allows energy trading between households, the Perth-based company is now launching a new token designed to provide retail investors with the opportunity to fund and generate revenue from shared renewable energy infrastructure.