Energy Storage

Singapore-based developer Vena Energy has announced that it will soon begin construction of Queensland’s largest grid-scale battery near Wandoan in the Western Downs. The 100 MW/150 MWh project will be delivered under a 15-year power purchase agreement with Australia’s biggest power producer, AGL.

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.

A new report from Hydrogen Council predicts that the cost of renewable hydrogen production will fall drastically by up to 60% over the coming decade due to the declining costs of renewable electricity generation and the scaling up of electrolyzer manufacturing. Thanks to its optimal renewable resources, Australia will be among the countries most favorably placed to contribute to the development of the hydrogen economy.

Peter Gutwein is the new Premier of Tasmania and the first Tasmanian Liberal Minister for Climate Change. The Premier, who has a history of rebelliousness to the party line, seeks to lead Tasmania to a renewable energy future.

A study from Finland’s Lappeenranta University of Technology has predicted solar and other renewables can provide a global energy jobs revolution – just as four European operations revealed recent struggles.

Australia has made great strides in terms of investment into renewables, yet despite the spend, we are still faced with an ageing grid and a growing number of coal power plant closures, that lack clear and sustainable replacements.

The small tourist town of Denham in Western Australia’s Shark Bay World Heritage Area could host a renewable hydrogen demonstration project as part of a new energy solution planned for the town.

The global transition to a low-carbon energy future hinges upon the sustainable supply of green-tech minerals and metals, says researchers. Australia’s reserves and export capabilities in nickel, cobalt, lithium and other rare earths mean our next mining boom could be of global existential importance.

South Australia’s largest water and sewerage services supplier is planning to invest more than $300 million in solar and energy storage during the course of this year as it moves closer to its ambitious goal of achieving a zero cost energy future.

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.