Big battery asset pipeline forecast to recharge AGL’s future earnings
AGL Energy’s end of financial year results see earnings growth from its battery portfolio and is banking on its future renewable energy development pipeline to herald more of the same as aging coal fired power phases out over the coming decade.
Engie strikes ‘Australian first’ virtual battery deal with AGL
French-owned energy group Engie’s Australian division has added a new “virtual battery” agreement to its portfolio, signing a deal with AGL that will allow for the buying and selling of stored energy without a link to any particular physical asset.
Greenbank battery kicks off commercial operations to support 66,000 homes
The CS Energy Greenbank Battery in southeast Queensland has been regularly charging and discharging since beginning commercial operations in June, providing reliability and capability to the grid.
No case to prosecute AusNet over Victorian transmission tower collapse
Energy Safe Victoria has found there is no case to prosecute AusNet Transmission for the collapse of six transmission towers in Anakie, north of Geelong, Victoria during an extreme storm event in February 2024.
Real-time monitoring makes most of rooftop PV
An expanded 199 kW rooftop solar system and energy management system featuring 14 power meters is helping a Victorian college slash its annual energy costs with projections tipping savings of more than $21,000 per annum.
$20 million greenhouse to reap solar innovation for agrivoltaic sector growth
ClearVue Technologies has joined a $20 million research project aimed at transforming agrivoltaics while generating clean energy using the company’s transparent solar glass technology.
Policy shifts needed to unlock existing transmission network capacity
Neara co-founder Jack Curtis says the opportunity to boost capacity of existing transmission networks is possible with smarter grid solutions and derisk reliance on new transmission projects facing potential delays.
Enel X launches first in 95 MW VPP solution planned for NSW
Enel X launched the first of three separate virtual power plants that will deliver a combined 95 MW capacity of demand response to help support and accelerate the renewable energy transition in New South Wales.
Real-time rewards for flexible assets assured by AEMO reform
The Australian Energy Market Operator’s frequency performance payments reform future proofs the national electricity market setting real-time incentives for fast and flexible assets like batteries.
Cost-of-living and government rebates accelerate solar and battery booms
Recent studies forecast Australia is on the precipice of a rooftop solar and household battery boom, predicting record breaking installation numbers driven by falling battery and solar module prices, government rebates and cost-of-living pressures.
