Energy Storage

The New South Wales government will stage a competitive tender to secure at least 600 MW of long duration storage as well as 380 MW of firming capacity as the state looks to fill the gap created by the impending closure of the country’s biggest coal generator.

The worst effects of the pandemic may have passed, but supply chain disruptions continue to be felt across the world. The effects of the war in Ukraine are also evident to all of us in our daily lives, from commodities to energy, food supply chains and beyond. The disruption in the battery energy storage system (BESS) supply chain is no different, writes Cormac O’Laoire, senior manager of market intelligence at Clean Energy Associates. Indeed, as the cost of raw materials such as lithium climb, battery prices are being driven materially higher, on some accounts by 20% to 30%, rendering some projects uneconomical.

The New South Wales government has formally declared the state’s third Renewable Energy Zone (REZ). The South West REZ, as its called, is centred around the towns of Hay and Balranald in the state’s western Riverina region, with initial expressions of interest in the zone attracting up to 34 GW of generation proposals – more than 13 times the intended capacity of 2.5 GW.

Australian headquartered mining giant BHP has signed a 70 MW baseload renewable energy contract with Neoen to meet 50% of its Olympic Dam mine operations in South Australia.

The Australian arm of Philippines-based AC Energy Corporation, or ACEN, has had its vision for an 8 GW clean energy portfolio including solar, wind, battery and pumped hydro supported by a $75 million (USD 48 million) investment from the Clean Energy Finance Corporation.

“Integration” was the war cry at this year’s All Energy conference in Melbourne, with an unmistakable push, especially among ‘premium’ brands, toward vertically stacked product suites bundling solar, batteries, energy management platforms, virtual power plants and electric vehicle chargers into one super solution. How big is the market for such a proposition in Australia though? And does streamlining stymie flexibility? pv magazine Australia spoke to a number of brands on the promise, and limits, of the full stack strategy.

Swiss energy storage company Energy Vault has been awarded the contract to supply the in development 330 MW Meadow Creek Solar Farm in Victoria with a 250 MW/500 MWh battery energy storage system.

Speakers at the CEC All-Energy conference in Melbourne have prioritised the built environment as ripe for embedding higher efficiency and sustainability standards.

A looming energy storage shortfall has promoted renewed calls from the renewable energy industry for a national renewable energy storage scheme. The scheme would consist of a series of large-scale project tenders designed to unleash desperately needed investment.

In a project where the old world of energy meets the new, AGL will investigate the technical and financial feasibility of using thermal batteries to provide the steam for a 200 MW turbine at South Australia’s Torrens Island Power Plant, which usually run on gas.