Long-term power purchase agreements in Australia are helping large-scale energy consumers reduce costs and green their energy supply, but for smaller or more conservative businesses that have found the PPA landscape hard to navigate ERM Power is introducing a more flexible, short-term option to the market.
Due to a jump in medium (+15kW) to large (+100kW) rooftop solar installations, there has been a dramatic increase in grid scale solar generation. This has contributed to renewables supplying monthly 14-15% of total generation since last November, an increase from 10-11% share this time last year, new research from The Australia Institute finds.
The first virtual power plant to be announced since the last year’s launch of the Home Battery Scheme in South Australia is picking up the pace with the addition of Eguana Technologies’ Evolve to the list of eligible energy storage systems.
A total of 238,000 advanced meters will be installed by Western Power on the South West Interconnected System over the next three years, unlocking the benefits of the technology that gives consumers more control over their energy use. In another rollout, Horizon Power has made paying for power easier for 11 Aboriginal communities across regional WA.
Thirteen of Victoria’s water corporations have partnered to buy clean energy from the Kiamal Solar Farm in north-west Victoria, at a much cheaper rate than would be possible individually.
Australia’s first Solar Asset Management conference to be held June 26-27 in Sydney recognises a new phase for the country’s large-scale solar sector, as well as the urgent need to drive efficiency from projects, both in the planning and the 25- to 35-year O&M life stages of each project.
Coming hot on the heels of major reports and a heated public debate about electric vehicles, a poll commissioned by the Climate Council confirms Australians believe electric cars are the future. Another poll, by The Australia Institute, has 50% of Australian voters supporting all car sales being electric by 2025.
In a major shift towards owning renewable energy generation assets, electricity network infrastructure owner Spark Infrastructure has fully acquired the 120 MW Bomen Solar Farm in NSW. The project has inked a power purchase agreement with Westpac, which marks a big step towards its goal of sourcing 100% renewable electricity by 2025.
Australia’s biggest power producer has secured the right to develop, own and operate a massive pumped hydro energy storage project at Hillgrove Resources’ Kanmantoo copper mine in South Australia’s Adelaide Hills region.
Significant progress has been reported on the feasibility study which aims to progress the establishment of a 15 GWh lithium-ion battery factory in Townsville. The study is conducted by the Imperium3 Townsville consortium.
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