AGL is transforming its operations in a number of ways, from restructuring the company itself, to building energy storage facilities for flexible distribution of renewable energy into the future.
Australia’s most renewable state has signed a joint funding deal with the Commonwealth Government that hypes gas production, and downplays its considerable renewable-energy benefits.
Energy giant AGL has signed a memorandum of understanding with Finnish technology company Wärtsilä, to develop large-scale hybrid energy systems for AGL’s commercial and industrial customers.
The contest is over. Faster, cheaper, more flexible than gas turbines … battery energy storage must be the future peaking energy service provider of choice says the hard evidence exposed in a new paper by the Clean Energy Council.
Call it “latent energy” – Australia’s renewable resources are expected to help some of the world’s greatest polluters to reach their net-zero emissions targets, writes Natalie Filatoff, senior editor at pv magazine Australia.
Australia’s only lithium mine outside of Western Australia, Core Lithium’s Finniss Lithium Project, has produced “battery grade” lithium hydroxide, which it hopes will place it at the “forefront” of lithium production for the global renewable energy and EV markets.
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.
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