Utility Scale Storage

The global flow battery market will expand from USD 289 million in 2023 to USD 805 million by 2028, driven by increasing investments in renewable energy and flow batteries’ advantages over conventional products. The newly released report also highlighted Australia, noting the nation has numerous flow battery projects for various applications.

American Clean Power has published a guide for first responders on lithium-ion battery energy storage system emergencies, offering insights based on the 2023 NFPA 855 code revision.

With more than 3 GW of large-scale solar, wind and battery storage capacity in operation or under construction, Neoen is already Australia’s biggest clean energy player but now the French developer is planning to triple its renewables capacity by 2030.

Australian energy technology startup RayGen has officially opened a 4 MW solar and long-duration energy storage project in Victoria, describing it as the world’s “highest efficiency PV project” operating at utility scale.

Snowy Hydro has revealed the budget for the Snowy 2.0 project has blown out to $12 billion (USD 7.8 billion) and the giant pumped hydro storage project is now expected to commence operations seven years later than originally scheduled.

The Australian Energy Market Operator says a 248 GW pipeline of proposed generation and storage projects, transmission developments and government energy programs have the potential to address many of the risks outlined in its latest market forecast – if they are delivered to schedule.

A tender for 600 MW / 2.4 GWh of energy storage in Victoria and South Australia has been announced as part of the new national Capacity Investment Scheme – essentially a project underwriting program coordinated by the federal government.

Desert Springs Octopus has announced three solar and storage projects between 150 MW and 10 MW for the Northern Territory which it will pursue in partnership with First Nations groups, the Larrakia Nation and Jawoyn Association.

Jaguar Land Rover and Wykes Engineering are building a 2.5 MWh storage system with electric-vehicle batteries taken from Jaguar I-PACE cars. The large-scale system will store wind and solar at an undisclosed location in the United Kingdom.

Queensland iron flow battery company Energy Storage Industries is delivering 1 MW/10 MWh of flow battery energy storage to Queensland’s Stanwell Power Station just outside of Rockhampton. The flow batteries are part of a new government-run clean energy testing ‘hub’ at Rockhampton, which will also include hydrogen and workforce training programs.