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Markets & Policy

Long-duration energy storage poised to outcompete lithium-ion batteries

While most long-duration energy storage (LDES) technologies are still early stage and costly compared to lithium-ion batteries, some have already, or are, set to achieve lower costs for longer durations, finds BloombergNEF.

Palisade secures new financing for Intera renewables push

Australian infrastructure asset manager Palisade Investment Partners has secured $258 million in new debt financing to back the further expansion of its gigawatt-scale renewable energy platform.

Victorian town turns to solar and storage for energy security

A solar-powered microgrid has been launched in the Victorian town of Monbulk as part of a $7.5 million state government program designed to better protect communities in fire and storm-prone areas against prolonged blackouts caused by extreme weather events.

Transgrid reaches milestone on $2.3 billion interstate transmission project

Construction of Australia’s largest energy transmission project is progressing with Transgrid announcing that the first of four lines has been completed as part of the 900-kilometre EnergyConnect infrastructure project that will link power grids across three states.

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CEFC urged to pick up pace with household energy upgrades fund

The federal government has been urged to pick up the pace after the Clean Energy Finance Corporation opened the purse strings on a $1 billion fund that is to support cheaper finance for rooftop solar, home batteries and other energy efficiency upgrades for Australian homes.

Community battery rollout picks up pace adding 980 kWh capacity in NSW

The deployment of community batteries rolls on in New South Wales with network operators Endeavour Energy and Ausgrid both launching new energy storage systems on their networks.

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Weekend read: Enhancing safety in lithium-ion batteries

Lithium-ion batteries are generally safe and unlikely to fail but they can catch fire if they are damaged or stored or operated incorrectly. There is a tremendous amount of research and engineering effort going into making batteries safer but are technological advancements being rolled out quickly enough?

55 MW Hunter Valley Hydrogen Hub lands NSW planning approval

Origin Energy has secured New South Wales government planning approval for a $207 million green hydrogen manufacturing hub to be developed in the state’s Hunter region.

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Largest energy storage tender in NSW history now open

The New South Wales government has made history, opening two significant tenders for projects of up to 1 GW of new, long-duration storage, and up to 3.98 GW of access rights to the South West Renewable Energy Zone.

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Digital exchange aims to change game for residential solar and batteries

The Australian Energy Market Operator has begun consultations with industry to develop a common digital platform in a bid to make the orchestration of rooftop solar, batteries, grid-connected electric vehicles and other consumer energy resources easier.

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