The SA Government’s standout Home Battery Scheme is now open to new home buyers and new builds. The expanded Scheme is already off to a flying start with the Stoddart Group promising to install 10,000 solar and battery systems over the next four years to create one of the world’s largest VPPs.
After a leisurely break over the holiday period, I have returned to my desk to get right back into the analysis of what I think will be a pretty exciting year for the NEM. Connection difficulties, commissioning delays and stubbornly high storage costs point to uncertainty on the supply side, while strong rooftop uptake continues to whittle out daytime operational demand.
It’s a minor concern compared to the tragic loss of life, livelihoods and biodiversity caused by the bushfires still ravaging parts of Australia, but reduced output by PV systems due to smoke haze is an unwelcome bi-product of blazes that have burned at a scale and ferocity never seen before.
The Australian peer-to-peer (P2P) energy trading pioneer has purchased a 250kW PV system that will utilize the company’s new energy data management and settlement system to provide greater visibility on renewable energy sold to a consumer under a 20-year power purchase agreement.
Australia’s green bank has partnered with Bank of Australia to deliver discounted interest rates to green home builders and buyers. The green home loan is the first Australian financial instrument to use energy efficiency measurement tools to determine eligibility.
Esperance has a new green deal for the supply of its electricity until 2042. The agreement, which commences in 2022, seeks to cut carbon emissions and features a new a battery storage system and renewables hub complete with solar farm.
The WA Government has allocated funding from its Renewable Hydrogen Fund toward seven feasibility studies that could pave the way for significant renewable hydrogen projects around the state.
Queensland’s first community-scale battery is nearing completion after the delivery of its 4 MW Tesla battery. The battery, to be charged with excess solar power from Townsville’s residential rooftop PV, should connect to the grid by the end of the summer.
Researchers at Sydney’s Macquarie University have developed a multi-functional device that can be easily installed in any EV to alleviate energy anxiety in the vehicle and the household. The Intelligent Charger could be the necessary bridge in the transition to EVs.
Australia’s bushfire crisis is beginning to expose a National Energy Market over-reliant on vulnerable individual elements. Does Australia’s changing environment necessitate a localised energy future?
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