Energy Management Systems

In September 2021, not long after a fire at the Victorian Big Battery made international headlines, Neoen’s original “Big Battery” – the Hornsdale Power Reserve in South Australia – was sued by the Australian Energy Regulator for failing to provide all of the frequency control ancillary services it had agreed to offer. The case is now before Australia’s Federal Court, where the judgement could set an important precedent for network operations in Australia, as well as the transition to large-scale batteries.

Photovoltaics can wipe out 4.25 billion tonnes of carbon emissions every year this decade, according to the UN Intergovernmental Panel on Climate Change. Even so, the actions announced so far remain way short of what is needed, with capital flows to fossil fuels still greater than the cash directed toward combating climate change.

The International Renewable Energy Agency’s latest global outlook has spelled out just how ‘woefully’ far the world is from capping temperature rises at 1.5C, and lamented: ‘The stimulus and recovery efforts associated with the pandemic have also proved a missed opportunity.’

Australian fossil fuels giant Woodside will invest in US-based concentrated solar startup Heliogen, supporting its construction of a full-scale concentrated solar thermal demonstration plant in California ahead of a push into Australia.

New Zealand’s federal government has opened the final funding round in its NZ$14 million (AU$13 million) Māori Housing Renewable Energy Fund, open to small and larger-scale projects.

Sydney’s Bay Port will soon be offering 100% renewably sourced power to docked ships, a world first for a dry-bulk precinct and the first in the Southern Hemisphere for a cruise terminal.

Given the goings-on in the world this last quarter, Mike Jefferies, Investment Manager at Octopus Investments Australia, takes a look at the current macroeconomic environment, how this is tied to energy markets, the impacts Russia’s invasion of Ukraine has had on that energy market, what this could mean for Australia and how renewables could help address these issues.

With residents across New South Wales and southeast Queensland still cleaning up after the devastating floods that ripped through their communities earlier this month, solar industry advocacy group Safer Solar has issued a call for Australia to mandate rapid shutdown technology on solar PV systems.

A report published by IRENA hints the world’s politicians will have to get to work immediately to avoid another generation of fossil fuel-fired hydrogen, ammonia, and methanol plants being set up to run into the second half of the century.

For short-term storage in a 100% renewables grid, thermal energy storage located at concentrating solar power plants could compete with batteries, found a study using an idealised grid model. Seasonal storage needs could best be met with power-to-gas-to-power technology.