Energy Storage

Technical consultancy DNV GL has published its Energy Transition Outlook 2019. While the electric vehicle, storage and renewable energy industries are likely to see significant rises in demand, the sobering conclusion is the world will miss carbon reduction targets by a long shot.

French renewable developer giant Neoen has announced plans for a massive hybrid power plant in South Australia featuring 1200 MW of wind, 600 MW of solar and 900 MW of battery storage. The project will depend heavily on the SA-NSW interconnector.

A new report from the Clean Energy Council (CEC) shows investment in renewable energies is slowing down to levels not seen since the prime ministership of Tony Abbott as a result of policy uncertainty and mounting regulatory challenges.

Australia’s Federal Government has given ‘major project status’ to ASX-listed Australian Vanadium’s namesake project located in the Murchison province in Western Australia.

A vanadium redox flow battery will be installed at a family-owned apple orchard located in Pakenham on the edge of the Gippsland region to complement onsite solar.

Plans to develop a 18 GWh lithium-ion battery factory in northern Queensland have received a major boost with the appointment of National Australia Bank as financial adviser. With the feasibility study nearing completion, project proponents expect the development application to be submitted to Townsville City Council over the coming months.

The Distributed Energy Resource (DER) laboratory “DER-Lab” will provide an environment for safe testing of new technologies including monitoring and communication devices, smart controllers, aggregation (e.g. Virtual Power Plant), market participation software and other innovative new products.

The Queensland government has pledged to support Genex’s project at Kidston with up to $132 million. The funding will be used to build a single circuit transmission line and connect a massive pumped hydro project with the main grid, unlocking additional stages for the clean energy hub, including up to 270 MW of additional solar and up to 150 MW of wind.

The Australian Renewable Energy Arena (ARENA) has approved up to $9.41 million in conditional funding to Hazer Group for the construction and operation of a groundbreaking hydrogen production facility in Munster, Western Australia. The project is utilizing biogas produced at the treatment plant as feedstock to produce hydrogen and graphite.

Australian Vanadium and Metrowest Power Systems have signed a non-binding memorandum of understanding to facilitate energy storage opportunities using vanadium redox flow battery technology.