Future clean energy investments stalled by outdated national electricity market
Clean Energy Investor Group research finds the national electricity market is an outdated design – built for an era of coal and gas – and hinders investment in modern large-scale energy projects like wind, solar, and batteries.
Thermal storage beats hydrogen, electrification on industrial costs
A new study in Germany shows the advantages of thermal energy storage in the decarbonisation of industrial processes, including in Australia. The researchers noted clear cost advantages and high potential for flexibility in the power grid.
Vena flicks switch on ‘benchmark’ solar and storage facility
Vena Energy is claiming a milestone for the Australian power market with the successful commissioning of a 41.5 MW battery energy storage system as part its Tailem Bend 2 solar-plus-storage project in South Australia.
Zenaji ready to ride future lithium titanate oxide battery wave
Australian manufacturer of lithium titanate oxide batteries Zenaji says the LTO battery market is projected to reach $5.8 billion by 2032, with a compound annual growth rate of 12.6%, and its Eternity battery system is ready to catch that wave.
Pairing pumped hydro storage with floating solar is good economics: study
Researchers in Italy have analysed the techno-economic viability of enhancing three pumped hydro plants in Italy with floating solar on the lower basin. They say that, with their wide results, consequences could be extrapolated to similar regions.
Green bank gets $2 billion windfall to boost further investment in clean energy
A $2 billion allocation from the Australian government to its ‘green bank’ Clean Energy Finance Corporation will boost investment commitments in renewable energy generation and storage, electric vehicles, infrastructure and natural capital.
X-Elio seeks green light for 720 MW solar and battery project
X-Elio has lodged an application with the federal government seeking approval to build a 720 MW / 2,880 MWh solar-plus-storage project in Queensland’s North Burnett region.
GridBeyond launches price forecasting service in NEM
Ireland-headquartered smart grid technology company GridBeyond has announced the launch of its frequency control ancillary services price forecasting service in the Australian National Electricity Market.
Masdar makes 1 GW move into Philippines power market
United Arab Emirates-based renewable energy company Masdar has announced its entry into the Philippines market, revealing plans to develop 1 GW of clean energy projects in the Southeast Asian nation by the end of the decade.
Quinbrook lands new finance for big Brisbane battery
Quinbrook Infrastructure Partners has closed a $722 million financing deal that will support the development of the early stages of a planned 760 MW / 3,096 MWh battery energy storage system being built in Queensland.
