Energy Storage

Resources giant Fortescue Metals will invest $US450 million ($668 million) in the next stage of its Pilbara Energy Connect program to combine 150 MW of gas-fired generation, 150 MW of solar PV and a grid-scale battery. The hybrid generation project will provide low cost power to the Iron Bridge magnetite project currently under construction.

Sydney’s Nick Pfitzner was the first Australian to install a Tesla Powerwall to go with their residential solar PV system. Four years on and the Pfitzners are living the solar + battery dream.

The SA Government’s standout Home Battery Scheme is now open to new home buyers and new builds. The expanded Scheme is already off to a flying start with the Stoddart Group promising to install 10,000 solar and battery systems over the next four years to create one of the world’s largest VPPs.

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.