With all eyes still on the world’s largest lithium-ion battery at the Hornsdale wind farm, South Australia now readies to raise the game with its first big battery built in conjunction with a solar farm.
While the Hornsdale Power Reserve “is doing its job” and is performing as expected, owner Neoen has urged market observers not jump to conclusions as to its profitability based on its arbitrage trading over the short term.
Issuing a call for action, a report commissioned by the Association of Mining and Exploration Companies outlines Australia’s opportunity to expand along the estimated $2 trillion lithium chain in the next two years.
The head of the Chilean Economic Development Agency (Corfo), Eduardo Bitran says that Tesla may partner with local lithium producer SQM in the construction of a factory. The Chilean government and SQM have recently settled a dispute that began in 2014.
An academic event held last week in the U.K. presenting the results of two major research projects on energy storage provided an update on the current and future directions of battery storage technology and development.
As part of an ambitious plan to replace its gas power fleet with large-scale battery storage, the Northern Territory government has invited expressions of interest for a 25 to 45 MW energy storage system intended to support the grid in Darwin and Katherine.
It’s just over one month since the Hornsdale power reserve was officially opened in South Australia. The excitement surrounding the project has generated acres of media interest, both locally and abroad.
Large-scale storage began to gain a lot of attention in 2017, particularly after Elon Musk’s famed ‘100 days’ tweet back in March. Now that this project has proved an initial success, it looks like more big batteries are on the way for the National Electricity Market (NEM).
With scorching summer temperatures set to hit major cities in South Australia, Victoria and New South Wales this weekend, large scale battery storage has become a major focus of the electricity reliability debate. The Smart Energy Council’s John Grimes says that South Australia’s leadership has been key in to the shift.
Last Friday, the “world’s largest” lithium-ion battery was officially opened in South Australia. Tesla’s much anticipated “mega-battery” made the 100 days or it’s free deadline, after a week of testing and commissioning.
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