Utility Scale Storage

Solar and wind could meet the global energy demand 100 times over, a new report from the Carbon Tracker Initiative has found. Australia, in particular, is uniquely positioned to capitalise on the transition as one of the few developed countries with vast renewable potential and a low population.

The Australian Energy Market Commission, the country’s rule maker for electricity and gas markets, has this morning released proposals to reward fast frequency services in the National Electricity Market for the first time.

Hydrogen is heating up – not only here in Australia, but globally. This week has seen a flurry of news from the U.K. to South Africa, New Dehli to Switzerland. Pv magazine’s roundup of the latest hydrogen news and movements.

Australia’s federal government has pledged a further $275.5 million to develop regional hydrogen hubs and $263.7 million for carbon capture and storage technology in a pre-budget announcement ahead of the climate summit on Thursday.

New research from Singapore has found that gas pipelines for the onshore transport of green hydrogen and the cables for the transport of electricity to produce it at a distant location have similar costs at a 4000 km transmission distance. For longer distances, gas pipelines were found to be cheaper than cables, although the electric lines are said to benefit from scaling up and higher utilisation. For both options, however, a currently too high hydrogen LCOE remains the biggest barrier to overcome.

AGL is transforming its operations in a number of ways, from restructuring the company itself, to building energy storage facilities for flexible distribution of renewable energy into the future.

Australia’s most renewable state has signed a joint funding deal with the Commonwealth Government that hypes gas production, and downplays its considerable renewable-energy benefits.

Annual battery storage installations will exceed 10 GW/28 GWh in 2021, following a particularly strong year in 2020, despite the challenges created by the global pandemic, writes IHS Markit analyst Mike Longson. Combined solar and storage will be a core focus for new deployment in 2021, as the front-of-the-meter and behind-the-meter energy storage markets are both expected to grow significantly in the months ahead.

The carbon market is finally a reality in China. After 10 years of delays, regional pilot schemes and general uncertainty, China’s national carbon market became a reality on Feb. 1, 2021. Over time, the scheme is expected to support China’s gradual shift away from coal toward more solar and wind in power generation.

Australia’s transition to renewable energy continues with developer ARP Australian Solar pushing ahead with plans to establish a 70 MW solar PV and battery energy storage project on the outskirts of Morwell in the heart of Victoria’s coal country.