Utility Scale Storage

AGL, one of Australia’s biggest polluters, is working towards net-zero emissions by 2050 and new relevance in a renewable-energy-powered world. Think big batteries to replace the spinning reserve of some coal and gas generators, and digital management of its customers’ distributed rooftop resources.

On Tuesday 13th October 2020 Queensland’s electricity spiked from approximately $25/MWh to $15,000/MWh (the current market price cap) in response to a tripping incident involving the constraint of 11 solar farms and one wind farm. The event is being seen as illustrative of just what needs to be addressed in the design of NEM 2.0.

A steady progression of targets, plans and policy adjustments come together in the ‘NSW Electricity Infrastructure Roadmap’ as the Berejiklian Government strives to get ahead of the retirement of coal-fired generators — and fire up the state economy!

The Northern Territory is advancing projects that will help it achieve 50% penetration of renewables into its energy supply by 2030. First up, the procurement of a 30 MW battery to boost reliability of the Darwin-Katherine grid.

Victoria will be home to one of the world’s largest lithium-ion batteries with the 300 MW / 450 MWh Victoria Big Battery to be constructed on the outskirts of Geelong.

230 Northern Territory businesses have already received their vouchers for Australia’s most generous energy storage subsidity, the NT’s Home and Business Battery Scheme. The scheme, which is still open for applications until November 30, offers grants of $6,00 to homeowners and business owners to install solar and battery storage, or complement an existing solar system with a battery.

The centralised nature of policymaking in Beijing would enable component standardisation to ease the transition from EV to stationary energy storage use, according to Greenpeace East Asia.

Construction of South Australia’s biggest solar farm, and the state’s fifth “big” battery will provide 810 jobs and a $41 million boost to the economy around Whyalla. The Marshall Government buys in and forecasts a $12.8 million saving on its energy expenditure over the term of its 10-year energy contract.

A report by Finnish company Wärtsilä has estimated the potential impact if every dollar committed to a non-renewables energy sector recovery was instead funnelled to clean power.

Never heard of CEP.Energy? The new green energy fund is set to become a renewable powerhouse, installing gigawatts of solar, plus batteries big and small across industrial estates and retail centres around the NEM. Institutional investors are making this virtual-power-plant vision a reality.