Energy Storage

In November last year, Cornwall Insight Australia estimated Australia had 7 GW of battery storage projects in the pipeline. Since then, massive amounts of storage capacity have been added.

Edge-of-grid communities are under increasing threat of debilitating power outages due to disasters driven by climate change. A new report quantifies the benefits of transitioning some 244 communities to microgrids or individual power systems.

The LAVO 40 kWh battery incorporates an electrolyser, groundbreaking UNSW materials science, and Australian fuel-cell technology, in a slick unit that will be market ready in June this year. Gowing Bros last week became an equity investor and LAVO’s first major customer.

Housing developers around Australia are catching on to the allure of incorporating solar in buildings from the get go. This weekend the Queensland Government announced plans for two new state-sponsored solar-powered residential developments to light the way for more private companies to install rooftop PV and batteries as a matter of course.

Australian researchers have analysed different ways to improve the efficiency of PV-powered water electrolysis for hydrogen generation. They include the use of magnetic fields, light energy, ultrasonic fields, and pulsating electric fields. Energy costs remain prohibitive, but molecular movement and the redistribution of molecules in water during electrolysis could open a path to viability.

The Australian Capital Territory Government continues its charge towards delivering big battery storage for Canberra’s energy grid with $100 million dedicated to provide at least 250 MW of large-scale battery storage.

Hydro Tasmania and buyers Macquarie Group and ERM Power have signed a ‘Virtual Storage’ deal which will see the pumped-hydro company sell the rights to its highest priced periods of ‘discharge’ and buying a fixed MW block of low-priced ‘charge’. The innovative contract is the product of the ARENA-funded Renewable Energy Hub.

A new report from Wood Mackenzie suggests costs of front-of-the-meter battery storage systems in the Asia Pacific region could decline by 30% by 2025. The declining costs are already having a palpable impact as 2021 has opened with a slew of large-scale battery project announcements.

Two outages at coal fired power generators in Victoria last weekend failed to faze the energy market as strong solar uptake ensured wholesale prices actually fell into the negative despite major units going offline at the height of summer.

A large-scale battery energy storage system is being proposed by Sydney-based developer Genex Power near Rockhampton, Queensland.