Blueprint for Australia’s new two-way energy system confers $1 billion in consumer benefits
A joint report released today by AEMO and Energy Networks Australia confirms that managing Australia’s growing distributed energy resources presents an extraordinary opportunity, which could result in $100 billion in savings in network infrastructure and $1 billion in benefits across the energy-consumer landscape.
Vicinity sets net zero carbon target by 2030, as $73 million solar program nears completion
On the back of a combination of its industry-leading solar program and energy efficiencies, Vicinity Centers has announced a zero net carbon target by 2030 for its 34 shopping centers.
AEMO: Australia will need 15 GW of utility-scale storage by early 2040s
Increased storage and strategic transmission development will be needed to ensure the lowest cost and risk transition of Australia’s energy system, the Australian Energy Market Operator states in its latest study. In 20 years time, the need for storage will be at a scale not seen before in the NEM, and both pumped hydro storage and distributed storage are set to play major roles in lowering wholesale electricity prices and building a reliable and resilient power system.
EnergyAustralia integrates solar PV into its C&I offering
EnergyAustralia has acquired a 49% stake in the Echo Group of companies which tailors energy efficiency solutions and solar installations for commercial and industrial energy consumers.
EY blog warns grid operators ‘the clock is ticking’
The energy transition is accelerating, Ernst & Young global energy leader Benoit Laclau has warned grid operators, thanks to the confluence of digitization, decentralization and decarbonization. Traditional utilities must get with the program or be swept aside.
ZEN Energy readies to build 2.3 MW rooftop solar array at Tonsley
The first phase of a 6 MW solar array planned to power a former car manufacturing site at Tonsley in Adelaide will be delivered by ZEN Energy. The solar installation will ultimately work in conjunction with on-site battery storage and smart technologies as part of Enwave Australia’s Tonsley District Energy Scheme.
Singapore preps SE Asia’s ‘largest public floating solar tender’
The water authority of the city state wants to procure a 50 MW floating solar installation on the Tengeh Reservoir that will be operational by 2021. Details were revealed today by technical consultant DNV GL.
Energy sector gets first open-source, tailor-made blockchain
A public enterprise grade energy blockchain has powered up with the promise to accelerate a low-carbon, distributed electricity future. For the first time, energy sector companies are hosting validator nodes on a decentralized network as they seek to adapt to a more digitalized and decentralized energy system.
GreenSync to deliver digital marketplace for DER in UK
The Melbourne-based energy tech company will deploy its digital platform to connect and coordinate 500 MW of distributed energy resources across the network area of UK Power Networks.
CSIRO pulls energy, urban and land-use levers for a sunny national outlook in 2060
The CSIRO’s second ever Australian National Outlook, published today, invites Australians to consider two contrasting projections of our quality of life in 2060, and the shifts the country will need to implement to achieve a positive scenario. In the brightest outcome, renewable energy contributes to opportunities and an enviable lifestyle for generations to come.
