Markets & Policy

Elvin Group Renewables has constructed a 5 MWh Tesla Megapack to help ensure stability of energy supply in Canberra’s new northern suburbs and the wider grid. Its plans to proliferate the model are audacious.

Not all quality control plans, processes and agreements are created equal, writes Frédéric Dross, the VP of strategic development for Senergy Technical Services (STS). Indeed, developers can find themselves saddled with agreements that allow unacceptably low levels of quality, unless they have followed standards.

A 90% clean grid with a transition to EVs would achieve lower electricity costs than one without, the study shows. Transmission investments would mainly be spur lines to new renewable generation.

New South Wales network operator Ausgrid has unveiled its new community battery in Bankstown, south west of Sydney. The battery is the second of three to rollout as part a government trial to allow solar customers to store their extra energy at no additional cost.

Solar and wind could meet the global energy demand 100 times over, a new report from the Carbon Tracker Initiative has found. Australia, in particular, is uniquely positioned to capitalise on the transition as one of the few developed countries with vast renewable potential and a low population.

South Australian company Renascor Resources this morning confirmed it had raised $15 million from institutional investors in Australia and abroad, enough to fund its Siviour Battery Anode Material Project up to the construction phase. The project is on track to become the world’s first integrated mine and purified spherical graphite operation outside of China.

Powershop has been fined $300,000 after Victoria’s Essential Services Commission found the energy retailer was offering solar customers more expensive electricity plans than non-solar customers.

After recently joining the rest of Australia’s supermarket chains by pledging to be 100% powered by renewables by 2025, Coles today announced it had signed power purchasing agreements with both Engie and Neoen.

The Australian Energy Market Commission, the country’s rule maker for electricity and gas markets, has this morning released proposals to reward fast frequency services in the National Electricity Market for the first time.

Queensland-based Hypersonix Launch Systems has announced a partnership with BOC and its Bulwer Island Renewable Hydrogen Production and Refuelling pilot project. The deal will see Hypersonix use green hydrogen produced by solar electrolysis as rocket fuel to launch re-useable satellites into lower earth orbit.