Energy Storage

Adelaide-based energy storage specialist 1414 Degrees has partnered with technical, agribusiness and finance partners including sustainable horticulture company, Nectar Farms to identify and develop projects using its thermal energy storage solution.

The analyst has published its latest Energy Storage Outlook report and says large scale deployment will provide the majority of the 1,095 GW/2,850 GWh of battery storage worldwide in 2040, with prices driven down further by grid services demand and EVs.

The program will test the potential of distributed energy resources, such as rooftop solar systems, battery storage and controllable load devices, aggregated into virtual power plants (VPPs), to provide scalable energy and network services traditionally performed by large-scale, conventional electricity generators. With registration open, the Australian Energy Market Operator wants VPPs to register to accelerate the shared learning on how to safely and efficiently integrate, operate and regulate these emerging technologies into the National Electricity Market.

After it deployed a record $1.3 billion into the clean energy sector in a 12-month period, the Clean Energy Finance Corporation said it will sharpen its focus on energy storage and other technologies to support the stability of the national grid.

The Palo Alto company says it has improved its large scale battery offering with the new product in the wake of the success of its Powerpack-driven big battery in Australia. The Megapack can be deployed at a 250 MW/1 GWh clean energy plant four times faster than a fossil fuel alternative, claimed the business in a blogpost.

WA’s regional utility Horizon Power will supply homes and businesses that install rooftop PV and batteries with Secure Gateway Devices (SGDs) to allow for higher penetration levels in the northwest town of Onslow. Newcastle-based SwitchIn has been selected by Horizon to supply the SGDs.

With miners around globe stepping up their production capacities to cater to the demand of the electro-mobility and energy storage sectors, supply has outpaced demand leading to a steep decline in lithium prices. Amid slowing growth in China, a number of Australian lithium miners are hurting.

South Australia’s virtual power plant is nearing the potential Phase 3, which could see 50,000 homes connected becoming the equivalent of a 250 MW network of decentralized power generating units.

As it transitions from a wind-dominated renewable energy mix to include a wider range of energy options such as large-scale PV, pumped hydro and battery storage projects, South Australia is considering new planning policies.

Elon Musk’s EV and energy company is becoming increasingly irrelevant in the U.S. rooftop solar market, but battery sales are booming.