Markets

In a campaign style speech, Andrew ‘Twiggy’ Forrest, founder of Fortescue Metals and one of Australia’s richest men, outlined his ambition of producing mammoth quantities of green hydrogen, a task he sees as imperative to stop the “planet cooking” while also cornering a market he believes will soon be worth trillions.

President of the Australian Council of Trade Unions, Michele O’Neil, says renewables industries have fallen short in their treatment of workers and urgently need to do more to provide quality jobs which are secure and fairly paid.

Solar as a solution to poverty – it’s the route Brisbane-based charity SolarBuddy is taking, bringing Australian school children with it. Crucially though, the charity’s founder Simon Doble told pv magazine Australia it’s also a unique opportunity to learn about the rollout of clean technologies unencumbered.

Three PhD students from Melbourne are moving their research into recycling lithium-ion batteries from the labs into pitch meetings, vying to become one of the first companies in Australia to recover the metals and minerals from spent batteries. Their method, they say, is simpler, less toxic and more cost competitive than those widely used.

The latest news in the NEM is AEMO’s goal to be capable of handling periods of 100% instantaneous renewables penetration by 2025. This is a significant challenge and fitting given the pace the NEM is moving to
supporting increasingly higher levels of instantaneous (and increasingly asynchronous) renewables on a regular basis.

Solar’s share in the installed 100 GW renewable energy capacity stands at around 44%, and wind at 40% as per the data available from India’s Central Electricity Authority.

As solar and wind make up larger portions of the energy mix, energy storage is becoming an increasingly important piece of the puzzle in keeping electricity networks running smoothly. And as battery costs fall, new business models are emerging to increase the value of battery energy storage projects for both grid operators and project owners. Focusing on two leading countries – the United Kingdom and Australia – pv magazine looks at what’s in store for large-scale energy storage.

A bp Australia study partially supported by the Australian Renewable Energy Agency has confirmed the technical feasibility of large-scale renewable hydrogen and ammonia production for export in Australia, particularly in Western Australia’s Mid-West. However, the development of such an industry, says bp, requires strong government policy support, including a carbon price or emissions cap.

Energy Source, a Brazilian battery specialist, is currently providing energy storage services with reused and recycled batteries. Battery recycling and related metals recovery are conducted separately, without the burning of materials.

One of the country’s most electricity-intensive smelters plans to switch to renewable energy, a move which would drastically reduce its footprint and will send a clear message to generators that even if the federal government continues to support coal, Australia doesn’t.