Energy Management Systems

This cataclysmic bushfire season demonstrates the risk that climate change poses to Australia’s economic and social prosperity. Stanford’s international roadmap to freedom from fossil fuels by 2050 says Australia needs another 280 GW of solar PV and tens of billions of dollars of investment to turn down the heat.

As the energy landscape continues to evolve to meet the needs of the 21st century, digitalization is growing within generation, distribution and transmission. On the demand management side, Amber Electric is seeking to bring transparency to the market, passing wholesale prices directly to consumers for a $10 flat monthly fee. The Melbourne-based start-up is readying to expand its offering in 2020, as home batteries, EV chargers and other smart devices establish a firmer hold in the Australian electricity market, says Dan Adams, co-founder of Amber Electric.

The Australian Renewable Energy Agency (ARENA) is set to fund Australian energy technology company Wattwatchers to the tune of $2.7 million. The funding will aid the development of a consumer-facing energy data hub, ‘My Energy Marketplace,’ another step forward in consumer energy empowerment.

The University of Queensland (UQ) is well known for its renewable solar power generation, from its Warwick Solar Farm to the extensive solar PV arrays on UQ campuses. Now UQ can store its solar power too, with one of Queensland’s largest behind-the-meter battery storage systems.

Peer-to-peer energy trading (P2P), the signature of Power Ledger and already a recognised Australian digital export, is set to be installed into nine apartments in Perth’s eastern suburbs. The development’s integration with smart energy trading technology will allow the space to share a solar PV system and SENEC battery.

The new StorEnergy centre – supported with a $4.4 million Federal Government grant – will produce battery materials on a commercial scale and seek to increase knowledge and develop innovative solutions for Australia’s energy needs.

To fill the gap left by retiring coal-fired plants, the Australian Energy Market Operator forecasts that Australia should invest in a further 30-47 GW of new large-scale wind and solar projects by 2040. At the end of the outlook period, AEMO projects that distributed energy resources could provide up to 13% to 22% of total underlying annual NEM energy consumption.

The release of AEMO’s 2019/20 Summer Readiness Report has set the scene for another summer of excessive heat and risk for the grid. However, AEMO has stressed the importance of the influx of solar PV to the grid.

Evergen is looking to boost its growth in Australia and expand overseas as it opens a major capital raising campaign to private and wholesale investors on VentureCrowd.

The coastal town of Onslow in the Pilbara has had its much-anticipated standalone solar farm and battery completed this week, making it one of Australia’s largest distributed energy resource microgrids.