Plans for a gigawatt factory in Saudi Arabia, bullet-proof warranties and an international vanadium rental service are propelling a new generation of batteries into the energy storage big league. Pioneers of redox flow technology claim that they can put an end to the degradation and safety issues afflicting lithium-ion batteries. They also expect imminent economies of scale to reduce the cost of bulk energy storage and unlock new markets for solar power.
The showpiece 3.6 GW Fengning county project which will offer grid services and back-up power at the 2022 Winter Olympics is part of a 31.15 GW construction pipeline of projects, many of which are set to come into service next year.
Australia’s chief scientist Dr Alan Finkel continues to voice his support for some modicum of Carbon Capture and Storage (CCS) in Australia’s hydrogen future, providing a lifeline to fossil fuel producers. While Finkel’s argument holds some water, it holds nowhere near enough water to produce a hydrogen economy.
Australia’s chief scientist Dr. Alan Finkel continues to push Australia toward a strong hydrogen economy produced by solar and wind through electrolysis. However, Finkel remains attached to the idea that toxically unpopular carbon capture and storage methods, a lifeline for fossil fuel producers, should also play a part.
South Australia is looking to leverage its wind, sun, land, infrastructure and skills to be a world-class renewable hydrogen supplier.
Australia’s unwieldy and slow-to-adapt transmission network is one of the greatest roadblocks to continued development of renewable energy projects. Strategically deployed storage on transmission lines offers a flexible alternative to the upgrade and major build of new lines, says a new industry white paper.
Canada’s Hydrostor has closed US$37 million (AU$54,6 million) in growth financing. The company plans to use the funding to complete construction of the 5 MW/10 MWh Angas Project in South Australia and to advance its 2 GW pipeline of large-scale advanced compressed air energy storage projects.
GE Renewable Energy has been chosen to supply a massive battery for the 200 MW Solar River Project in South Australia.
A report by Germany’s Energy Watch Group thinktank has said we would be better off sticking to coal and oil than switching to gas because emissions of methane, the most potent greenhouse gas, caused by gas extraction render any related carbon savings irrelevant.
The Australian Capital Territory will soon become the first state or territory in Australia to achieve a transition to 100% renewable electricity and join a handful of major jurisdictions across globe that have made the move.
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