New research shows renewables plus batteries would be able to offer Australia’s electricity grid the same energy security as coal and gas generators, leading to calls for regulatory changes.
AGL Energy has been remarkably busy in recent months trying to make itself look like a giant ship on the turn in the energy transition and not the Ever Given cargo ship stuck in the old sands of time. Now, AGL has announced plans to partition itself into two separate businesses which it says will provide them with the freedom to pursue their own agendas, but not everyone is convinced.
At AGL Energy’s Investor Day the energy giant revealed plans for a potential floating solar project on the site of its Loy Yang power station in Victoria. AGL, which is currently in the application process for a 200 MW battery at the site and is already producing brown hydrogen for export to Japan, is looking to leverage unused space to reduce emissions.
Concentrated solar thermal technology developed with input from CSIRO, the Australian National University and the University of Adelaide, has been funded for a commercial-scale test by the United States Department of Energy.
The Australian Energy Market Commission, Australia’s energy rule maker, today released its draft determination on how to integrate energy technologies like solar and batteries into the electricity grid. In the draft, the Commission revived its proposal for a solar tax, immediately stirring backlash.
Queensland’s government will install five community batteries at regional substations across the state in a bid to time-shift its abundant solar resources.
AGL’s nose pushes in front in the race that stores the nation with the announcement that construction on its 250 MW one-hour-duration battery at the site of its Torrens Island power station in South Australia is now underway. The announcement follows directly on from AGL having lodged a planning application for a 200 MW battery at its Loy Yang power station in Victoria.
MinterEllison’s second annual ‘Renewables Investment Report’ finds that over the past year Australia has become a safe haven for investment… The maturity of its renewable opportunities seems to outweigh existing challenges.
Battery capacity in the distributed and large-scale sectors continues to grow, according the annual reckoning of the SunWiz oracle. Although still a complex proposition, for homeowners, battery potential is beginning to be utilised in the hundreds of megawatts by governments and utilities, with some interesting side hustles in the mid-sized energy-storage category.
Earlier this month, London-based Eco Energy World announced a $500 million project to combine its ready to build 300 MW solar plant north of Gladstone, Queensland, with a 200 MW hydrogen plant and 100 MW of battery energy storage. pv magazine Australia sat down with EEW CEO Svante Kumlin to discuss the project, the green hydrogen future, and Australia’s future in it.
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