The Western Australian government has announced that construction has begun on a large-scale battery energy storage system that is to help strengthen and stabilise one of the world’s most isolated grids.
A new report that examines how rural and regional communities can secure a fair deal for their role in Australia’s renewable energy transition suggests that state and federal governments have been “building the plane while flying it.”
French-owned energy group Engie’s Australian division has added a new “virtual battery” agreement to its portfolio, signing a deal with AGL that will allow for the buying and selling of stored energy without a link to any particular physical asset.
Solar and battery installers, retailers and suppliers have been put on notice by the consumer watchdog as new data shows Australians are investing in solar and home batteries at an unprecedented rate, bolstered by federal and state government incentives.
The Marinus Link undersea electricity connector between Tasmania and Victoria has secured federal environmental approval a day after state and Commonwealth governments announced a positive final investment decision for the 750 MW first stage of the project.
Saudi-backed Fotowatio Renewable Ventures Australia is advancing plans to build what will be its biggest battery project in the country after reaching a final investment decision on a 500 MWh energy storage system proposed for southern Victoria.
Global electricity demand is set to rise more than 3% per year through 2026, driven by growth in Asia and greater use across industry, data centres, and transport, with renewables, gas, and nuclear meeting most of the increase, says the International Energy Agency.
Marinus Link, the 750 MW capacity high voltage direct current electricity interconnector proposed to strengthen the Tasmania and Victoria connection on the National Electricity Market, has reached Stage 1 financial investment decision.
Australian energy major, AGL, has reached final investment decision on the 500 MW / 2,000 MWh Tomago battery energy storage system in the Hunter Region, New South Wales, and has appointed energy storage company Fluence to deliver the project’s build.
July home battery data released by SunWiz shows Australia is on track to smash 2024 records with the potential for 220,000 installations to be completed in the first 12 months of the federal government’s Cheaper Home Batteries subsidy.
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