New research gauges Australia’s battery energy storage pipeline at 7 GW
New analysis from Cornwall Insight Australia has put Australia’s current battery energy storage pipeline at 7 GW. Of course, the vast majority of that projection is still firmly in the proposal phase, but the over 900 MW of energy storage thought to be developed by 2024 is still far in excess of AEMO’s ISP 2020 forecast, begging the question, how is the NEM going to fit it all in?
Passing gas … on the road to renewables
The Climate Council has published a report to put the final nail in the outdated notion of gas as a transition fuel, and to nix the validity of a gas-led recovery.
Tamworth Solar Farm and battery storage approved
The proposed 65 MW Tamworth Solar Farm and integrated battery storage system is a step closer to fruition after the NSW Department of Planning, Industry and the Environment gave the project its tick of approval.
WA Government stepping in to support lithium producers waiting for the boom
The Western Australian Government going to provide a temporary royalty rebate scheme for three lithium producers and their employees are who struggling in the face of low prices. Prices have fallen for the first time since 2014 as spodumene concentrate supply is being oversupplied in advance of the electric vehicle and energy storage boom which hasn’t quite hit yet.
UK assembles experimental hydrogen network from decommissioned gas infrastructure
The £12.7 million project will explore how to transport pure and blended hydrogen for use in heating and industrial purposes. Construction will start next year.
WA announces members of its Future Battery Industry taskforce
A collection of mining companies, industry bodies and union groups have been announced as the members of the Future Battery Industry taskforce, the Western Australian McGowan Government’s unit designed to grow the value chain of critical minerals for the energy storage industry for domestic use and export opportunities.
New WoodMac report forecasts renewables cheaper than coal by 2030 across Asia-Pacific
A new Wood Mackenzie report has forecasted a massive swing in the levelised cost of electricity across the Asia-Pacific over the course o the next decade. Before 2030, renewables will be cheaper than new coal and gas almost everywhere, and significantly cheaper in Australia.
Origin bets big on batteries as part of evolution
Origin Energy has unveiled plans to build up to five big batteries as the Australian energy utility accelerates its transition to clean energy.
Spanish newcomer E22’s 5 MW Li-ion battery to provide network services in West Gippsland
Spanish energy storage company E22 has set to work on its first project in Australia, a 5MW/7.5 MW Li-ion battery in Longwarry, VIC that is set to provide AusNet with much needed network services during the heights of summer congestion.
AGL continues large-scale storage surge with 200 MW Loy Yang project
AGL’s ambitious 850 MW target of new large-scale battery storage in its portfolio by FY 2024 is seeming less like an opportunity and more like an inevitability with each passing week. Following on from last week’s announcement of a 250 MW, four-hour-duration battery at its Torrens Island Power Station in South Australia, AGL has this week announced a 200 MW battery project at Victoria’s Loy Yang A power station.
