Energy Storage

The Australian Energy Regulator has approved final costs for the next stage of Transgrid’s multi-billion-dollar Humelink transmission project but slashed the budget for the construction of the 500 kV line by more than $3 million.

Marinus Link has locked in a 2030 completion date for the high-voltage Tasmania-Victoria power interconnection project after signing a deal worth more than $1 billion with the world’s largest cable maker.

New South Wales distribution network service provider Ausgrid has powered up a 160 kW / 412 kWh battery energy storage system in the eastern Sydney suburb of Bondi, describing it as a “fundamental shift” in the evolution of community batteries.

A team of researchers in Western Australia has outlined a new methodology to determine the minimum power rating of energy storage systems used for emergency under-frequency response. The ESS size must be calculated to maintain the frequency within the standard operating range.

The Swiss Army knife qualities of lithium-ion batteries have helped scale the technology. Now their ubiquitous nature means they are ideally placed to help electricity system operators balance the grid, argues Gerard Reid, co-founder and partner of Alexa Capital.

Australia has firmed as the world’s fourth-largest market for utility scale batteries with new data from research consultancy Rystad Energy revealing that almost 3 GW / 8 GWh of battery energy storage projects have started construction in the first seven months of 2024.

After the end of the Paris Olympic and Paralympic Games, the 15 solar power plants installed on the roofs of buildings in the athletes’ village will be integrated into a collective self-consumption operation once the future residents of the district have taken possession of the premises.

The Philippines’ Department of Energy has said that energy storage and maximising the country’s existing renewable energy infrastructure will be a major theme for its next green energy auction. GEA-4 will take place in the final quarter of 2024.

Libra Energy has unveiled its first major Australian renewables project, announcing plans to build an 850 MW / 3,400 MWh battery energy storage system in southeast Queensland to help soak up excess solar energy and stabilise the grid supply and demand during peak hours.

Renewable energy and battery storage developer Fotowatio Renewable Ventures says it has raised more than $1.2 billion in new debt finance for its Australian clean energy assets, including its first standalone battery project planned for Victoria.