International mining giant BHP has signed a power purchasing agreement with Merredin Solar Farm to supply half of the electricity at its Nickel West Kwinana refinery, south of Perth.
The latest GSD — Generator Statistical Digest 2020 — released today by Global-Roam and Greenview Strategic Consulting, shows the value of understanding what’s really happening in the energy market compared to even educated industry assumptions, predictions and aspirations.
Sector coupling may be somewhat of a buzzword, but it also points to opportunities for PV beyond the power markets, which may quickly reach limitations during peak hours of irradiation. Combined energy, food and clean water production presents one such opportunity, with benefits for developers, utilities and communities.
Korea Zinc Company Ltd., parent company of Townsville-based Sun Metals, has entered into a $17 million financing agreement with the 1,100km CopperString 2.0 transmission line project across North Queensland. The project, which received an $11 million boost from the Federal Government recently, would open up enormous tracts of land for the development of renewable projects and minerals.
A new report from the Institute for Essential Services Reform (IESR) shows that PV has not been growing significantly in Indonesia in recent years, despite the size of the energy market and economy. According to its authors, however, there are multiple paths that can be followed to bring volumes into all market segments. Large scale solar is expected to play a major role in the years to come, as the LCOE for big floating projects is approaching levels close to those of more mature markets.
The world’s biggest solar and storage project is a step closer to realisation with the Northern Territory Government and Singaporean-based Sun Cable signing a milestone agreement which will advance development of the $22 billion Australia-ASEAN Power Link (AAPL).
The Sumitomo Corporation has simultaneously signed a contract with an EPC for a solar-powered green hydrogen production plant in Gladstone, Queensland, while also commencing a feasibility study for a grey-green hybrid hydrogen project in Oman. Considering the relative similarities in distance between the two countries and export markets in East Asia, the Japanese conglomerate looks to be setting the stage for competition in the hydrogen economy.
Nicola Murphy, SA Water’s Senior Manager, Zero Cost Energy Futures has the sunniest disposition as she works steadily to ensure the substantial energy needs of the state’s vital water utility are solar powered from source to faucet.
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.
Last year the Western Australian Government called for Expression of Interest into its potentially 1.5 GW solar and wind hydrogen hub at Oakajee Strategic Industrial Area on the state’s Mid-West. This week it has been revealed that 65 companies from around the world have submitted serious interest in making it happen.
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