Energy Storage

Soon 2020 will only be a worry to future high-school history students. But when they ask us if anything good at all happened in 2020, remember this review and tell them that solar PV shone in the darkness. Despite the mess of it all, 2020 has been another good year for Australian solar. The industry has demonstrated resilience, and significant progress has been made in the fields of energy storage, green hydrogen and others.

Vena Australia has reached financial close on its 100 MW and 150 MWh Wandoan South Big Battery thanks to ING Australia. The international bank is increasingly financing green energy projects but this is the first standalone battery project it has financed in the Asia Pacific. Vena Energy Australia says this phase is just the beginning of a project that is to feature 650 MW of solar PV and 450 MW of battery storage.

WA continues to work through its precise roadmap to manage the state’s vast distributed rooftop solar resources and enable further uptake of renewable generation. Pre-Christmas, Western Power is seeking to engage private enterprise in providing a value stack of storage services.

New analysis from Cornwall Insight Australia has put Australia’s current battery energy storage pipeline at 7 GW. Of course, the vast majority of that projection is still firmly in the proposal phase, but the over 900 MW of energy storage thought to be developed by 2024 is still far in excess of AEMO’s ISP 2020 forecast, begging the question, how is the NEM going to fit it all in?

Oz Minerals has long said that it was looking at a hybrid fossil fuel-solar-wind solution to power its massive West Musgrave Project. This week the miner has announced that it is now developing a roadmap to power the project with 100% renewables with the addition of a battery in what the company says could be one of the world’s largest fully off-grid renewably powered mines.

Engie and ammonia producer Yara have published findings from their long-awaited feasibility study into the development of renewable hydrogen and ammonia at Yara’s Pilbara Fertilisers plant. The study has led to development plans for large-scale renewable hydrogen and ammonia development with the first phase, a 10 MW solar farm and electrolyser, already instigated.

The Western Australian Government going to provide a temporary royalty rebate scheme for three lithium producers and their employees are who struggling in the face of low prices. Prices have fallen for the first time since 2014 as spodumene concentrate supply is being oversupplied in advance of the electric vehicle and energy storage boom which hasn’t quite hit yet.

The £12.7 million project will explore how to transport pure and blended hydrogen for use in heating and industrial purposes. Construction will start next year.

A collection of mining companies, industry bodies and union groups have been announced as the members of the Future Battery Industry taskforce, the Western Australian McGowan Government’s unit designed to grow the value chain of critical minerals for the energy storage industry for domestic use and export opportunities.

Australia is positioned to become a renewable energy “superpower” with multinational consultancy Ernst & Young (EY) suggesting the nation’s green hydrogen and solar energy export plans have it well placed to take advantage of a growing market.