Markets & Policy

Queensland-based investment platform Clean Energy Transfer Fund intends to circumvent lengthy lead times and major capital outlays associated with grid-scale renewables projects by deploying hundreds of sub 5 MW energy storage units throughout Australia to create coordinated battery ‘hives’ of up to 200 MWh each.

Australia’s shift to zero-emissions vehicles is accelerating with a new report revealing that electric vehicles sales more doubled in the first half of 2023 with battery-powered vehicles accounting for more than 8% of all new car sales.

With its critical-mineral riches, Australia is seeking to process and manufacture materials to capture more of the energy transition value chain. While logical, the path is already proving onerous and is hampered by the nation’s apparent allergy to boldness.

Horizon Power, Western Australia’s regional power provider, will deploy a 78 kW/220 kWh vanadium flow battery in the state’s north as it seeks to increase its understanding of how the Australian-born technology can be best utilised to support long periods of 100% renewable energy supply in regional and remote areas.

The Victorian government has announced a new $10 million (USD 6.7 million) grants program to provide bulk rebates for the installation of solar panels, solar hot water systems and heat pumps as part of plans for all new homes in the state to be 100% electric from 2024.

Energy storage specialist Eku Energy says the 200 MW/400 MWh Rangebank Battery being developed on the outskirts of Melbourne will be operational by the end of next year with early site works having now commenced on the grid-scale project.

The Alpha 150 battery, produced in the Netherlands by Adelaide-headquarted electronics manufacturer Redarc, has a lifespan of more than 5,000 cycles and a continuous discharge rating of 200 A.

Solar generation in Australia’s main electricity grid has surged to record highs with the latest data from the Australian Energy Market Operator revealing that rooftop solar generation increased 30% in the second quarter of 2023 while grid-scale solar output rose by 37%.

A team of engineers at Melbourne’s RMIT University have developed a rechargeable ‘proton battery’, claiming the technology has the potential, with further development, to store more energy than currently available lithium-ion batteries.

Gas major Atco has ditched its plans for a commercial-scale green hydrogen manufacturing facility proposed for Western Australia’s remote midwest, saying the distance between the production facility and end use undermined the commercial viability of the project.