Utility Scale Storage

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.

The 40MW/60MWh Alaminos Energy Storage system is now connected to the 120MW Alaminos solar park. Both facilities were built by renewable energy developer AC Energy.

Australian concentrated solar thermal power company Vast Solar has been shortlisted as a finalist for BNEF’s Pioneers 2022 program.

Origin Energy’s announcement that it is accelerating the closure of Australia’s largest coal-fired power station has triggered calls for the Federal Government to develop a nationally co-ordinated approach to manage the retirement of fossil fuel generation as well as support investment in new clean energy generation.

The Moss Landing Energy Storage Facility Phase II in the United States set off fire alarms that activated a fault water suppression system, triggering a cascading set of events that resulted in roughly 10 battery packs melting down.

Renewable energy investors have again shattered the New South Wales Government’s expectations with more than 80 clean energy projects representing more than $100 billion of potential investment registering for the Hunter-Central Coast Renewable Energy Zone.

The U.S. Department of Energy’s Ames Laboratory launched a new catalyst based on nitrogen and carbon to extract hydrogen from hydrogen storage materials at mild temperatures and under normal atmospheric conditions. Furthermore, South African President Cyril Ramaphosa said that the country is working on attracting new investments in electric vehicles and hydrogen and Norwegian consultancy and classification society DNV launched, together with 18 industry partners, a new Joint Industry Project (JIP) to enhance the standardisation for hydrogen production systems that use renewable energy-powered electrolysis to produce green hydrogen.

In new studies led by researchers from the National Renewable Energy Laboratory, the US Department of Energy pursues an energy cost goal of US$0.05 per kilowatt-hour.