Modo Energy forecasts big future for NEM battery fleet
Australia’s grid-scale battery fleet is forecast to grow rapidly in the next three years with market analytics platform Modo Energy revealing 16.8 GW / 42.8 GWh of battery energy storage projects are in the pipeline in the National Electricity Market through to 2027.
Pumped hydro energy storage potential equates to 2 trillion EV batteries: study
A new paper co-authored by Australian National University Professor Andrew Blakers discusses the potential for long-duration pumped hydro energy stations built on non-river locations, which, with batteries, can solve world’s energy storage needs.
Thermal storage beats hydrogen, electrification on industrial costs
A new study in Germany shows the advantages of thermal energy storage in the decarbonisation of industrial processes, including in Australia. The researchers noted clear cost advantages and high potential for flexibility in the power grid.
Gamuda-Ferrovial JV secures deal for 12 GWh pumped hydro project
Malaysian engineering group Gamuda, in partnership with European civil engineering outfit Ferrovial, has signed an agreement with Capricornia Energy Hub to develop a 12 GWh pumped hydro storage system in Queensland.
Zenaji ready to ride future lithium titanate oxide battery wave
Australian manufacturer of lithium titanate oxide batteries Zenaji says the LTO battery market is projected to reach $5.8 billion by 2032, with a compound annual growth rate of 12.6%, and its Eternity battery system is ready to catch that wave.
Pairing pumped hydro storage with floating solar is good economics: study
Researchers in Italy have analysed the techno-economic viability of enhancing three pumped hydro plants in Italy with floating solar on the lower basin. They say that, with their wide results, consequences could be extrapolated to similar regions.
Quinbrook lands new finance for big Brisbane battery
Quinbrook Infrastructure Partners has closed a $722 million financing deal that will support the development of the early stages of a planned 760 MW / 3,096 MWh battery energy storage system being built in Queensland.
Ausgrid adds community battery to support solar
New South Wales network operator Ausgrid has added another community battery to its portfolio, powering up a 200 kW energy storage system in the Sydney suburb of Cammeray.
Big battery on target with giant transformers in place
One of Australia’s biggest battery energy storage projects is preparing to plug into Victoria’s electricity grid with two 335 tonne transformers now in place at the 1.6 GWh Melbourne Renewable Energy Hub.
Aussie miner lands $1.6 billion for US lithium project
Australia-based critical minerals miner Ioneer has been tapped to help strengthen America’s battery supply chain, securing a $1.6 billion loan from the US Department of Energy to develop a lithium and boron project in Nevada.
