Utility Scale Storage

Wood Mackenzie has called on policymakers to revise the Renewable Energy Target with more ambitious goals and, concordantly, large-scale investment in grid flexibility to ensure new renewables can join the grid. If we don’t act in this pivotal moment, WoodMac believes we will be left holding stranded assets.

Chip Breitenkamp, of Nanograf, discusses American battery manufacturing, how to ensure a resilient and equitable supply chain, and how to create jobs.

Canadian behemoth Atco has purchased the rights to develop the 325 MW Central West Pumped Storage Hydro Project in Central West New South Wales and credits the investment to policy certainty from the NSW Government. As a significant firming agent the project is ideally placed in the state’s proposed Central West-Orana Renewable Energy Zone

Herd nutrition, pasture management and solar PV will be the main enablers of net-zero carbon emissions at Ellinbank Smart Farm in Victoria’s dairy country.

The latest GSD — Generator Statistical Digest 2020 — released today by Global-Roam and Greenview Strategic Consulting, shows the value of understanding what’s really happening in the energy market compared to even educated industry assumptions, predictions and aspirations.

In November last year, Cornwall Insight Australia estimated Australia had 7 GW of battery storage projects in the pipeline. Since then, massive amounts of storage capacity have been added.

Australian researchers have analysed different ways to improve the efficiency of PV-powered water electrolysis for hydrogen generation. They include the use of magnetic fields, light energy, ultrasonic fields, and pulsating electric fields. Energy costs remain prohibitive, but molecular movement and the redistribution of molecules in water during electrolysis could open a path to viability.

The Australian Capital Territory Government continues its charge towards delivering big battery storage for Canberra’s energy grid with $100 million dedicated to provide at least 250 MW of large-scale battery storage.

Hydro Tasmania and buyers Macquarie Group and ERM Power have signed a ‘Virtual Storage’ deal which will see the pumped-hydro company sell the rights to its highest priced periods of ‘discharge’ and buying a fixed MW block of low-priced ‘charge’. The innovative contract is the product of the ARENA-funded Renewable Energy Hub.

A new report from Wood Mackenzie suggests costs of front-of-the-meter battery storage systems in the Asia Pacific region could decline by 30% by 2025. The declining costs are already having a palpable impact as 2021 has opened with a slew of large-scale battery project announcements.