Utility Scale Storage

Australia’s largest energy retailer Origin Energy has ramped up plans for the delivery of large-scale renewable energy projects as it prepares to replace the capacity set to be withdrawn from the grid with the impending closure of the nation’s biggest coal-fired power station.

The London-based analyst has published a series of clean tech predictions for the year which also highlighted the rising proportion of sub-5MW solar projects in the global market, and cheaper clean energy financing costs even as panel prices continue to rise.

A Spanish consortium is equipping one of Madrid’s largest metro and bus stations with a hybrid system that combines PV, geothermal pumps, and vanadium redox flow batteries to provide cooling and heating.

With the global demand for lithium accelerating, Australian miner Core Lithium has inked a deal to supply United States-based electric vehicle and battery maker Tesla with up to 110,000 tonnes of lithium spodumene concentrate.

Underwriters Laboratories, a US non-profit standards development organisation, will carry out research into the operating and safety profile of Queensland company Redflow’s redox flow batteries under nominal and off-nominal conditions.

China’s largest state-owned grid operator and power utility plans to deploy the world’s biggest battery fleet and almost quadruple its pumped hydro storage by 2030, thus supporting the nation’s switch to renewable energy sources.

Construction is set to commence immediately on the first stage of a 1.2GW hybrid wind, solar and battery energy storage project in Central Queensland following Australian iron ore magnate Andrew Forrest’s announcement that he has invested $3 billion in the ‘shovel ready’ development.

The potential early retirement of Eraring has been the talk of the market the past week. Many of our customers have been asking what the impacts of the retirement might be on the acceleration or development of new renewable capacity in NSW and potential storage projects. In this Chart of the week, we look at the effect of the lost generation from Eraring and how that capacity might be filled.

British start-up Gravitricity secured funds from the UK Department of Business Energy & Industrial Strategy (BEIS) to build its second gravity-based storage project. The feasibility study is expected to be finalised by the end of this year.

Australian technology company Lavo’s innovative energy storage system – based on storing green hydrogen in a patented metal hydride – has attracted the attention of the UK government which has provided financial backing to allow for a demonstration facility to be installed in England’s northwest.