Markets & Policy

The City of Melbourne is planning a network of co-ordinated community batteries to be installed at council sites across the city, aiming for a potential capacity of 5 MW by 2024.

Transmission network operator TransGrid has confirmed works on two high priority electricity infrastructure projects which will allow for more renewable energy to be connected to the National Electricity Market have reached major milestones.

A national advertising campaign will shine a light on the investment and job opportunities provided by Australia’s renewable energy industry as the Clean Energy Council seeks to counteract “misleading” information spread by “a minority of loud voices”.

The Australian retail arm of French renewables giant Engie has been fined $2.5 million after two “rogue” sales contractors allegedly used phoney accents and fake names to switch hundreds of customers to new energy contracts without their consent.

Boston startup Form Energy has secured US$200 million (AU$270 million) Series D funding for the development of what is being called a breakthrough in energy storage.

Sax Power has developed a new residential battery which it describes as a game-changer in the battery technology.

A gigafactory, as the name indicates, is a facility that aims to produce Li-ion cells at a gigawatt-hours scale of total capacity, so they can then be used in electric vehicles or stationary storage applications. The global production capacity of Li-ion cells is expected to reach 740 GWh by the end of 2021 – almost a threefold increase from 2017 – and Europe will account for 8% of the total. João Coelho, an analyst at Delta-EE, looks at how Europe plans to catch up.

PV markets in Southeast Asia have picked up over the past two years, driven by the astounding growth of Vietnam. Regional policies, combined with growing demand for renewable power in the manufacturing industry, will result in 27 GW of new PV installations across the region over the next five years, writes IHS Markit analyst Dharmendra Kumar. PV installations in these countries are driven by attractive feed-in tariffs, net energy metering, tariff-based auction mechanisms, and other incentives.

The evolution of Australia’s electricity grid continues at pace with the nation’s newest large-scale wind and solar projects helping produce a string of renewable energy production records in the National Electricity Market.

Japan’s Ministry of Economy, Trade and Industry has released a draft energy plan with ambitious revisions to the nation’s previous energy and emissions targets. The proposed plan will sees a doubling of renewables compared to the previous target, and significant cuts to coal and gas, much of which it buys from Australia. Meanwhile, Australian Resources Minister Keith Pitt reiterated the Coalition Government’s “Gas-Fired Recovery is the right policy for Australia.”