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Pumped Hydro

Genex reaches construction milestone on 2 GWh pumped hydro project

The first pumped hydro energy storage project to be delivered in Australia in 40 years is on track for energisation in 2024 with developer Genex Power announcing that the Kidston pumped hydro project is now more than halfway through construction.

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Battery capacity overtakes pumped hydro in NEM

The energisation of two new battery projects totalling a combined 150 MW has seen the charging capacity from grid-scale battery energy storage systems surpass that of pumped hydro in Australia’s national grid.

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Atco applies brake to 2,600 MWh pumped hydro project

A 325 MW/2,600 MWh pumped hydro project planned for the New South Wales central west faces an indefinite delay with developer Atco announcing it will hold off on the next stage of the regulatory approvals process until the state government’s policy frameworks “are close to being able to support financial investment decisions for large-scale infrastructure.”

Genex lands $45 million funding package for pumped hydro and solar and battery projects

Australian renewable energy developer Genex Power has entered into agreements with Japanese electric utility J-Power to receive a multi-million-dollar funding package that will support the delivery of its 2 GWh pumped hydro project in northern Queensland and the development of the 2 GW Bulli Creek solar and battery project in the state’s southeast.

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NSW firming tender reaches almost 1 GW with federal scheme support

New South Wales will be the test bed for the Commonwealth-funded Capacity Investment Scheme with the federal government to underwrite investment that will help deliver almost 1 GW of firmed renewable energy capacity to support the state’s rapidly changing energy market.

Key contracts awarded for 120 GWh pumped hydro project

The Queensland government has awarded two key contracts for what it says will be the largest pumped hydro energy project in the world, with the proposed 5 GW/120 GWh Pioneer-Burdekin pumped hydro energy storage system to form a cornerstone of the state’s energy transition.

Queensland looks to legislate 80% renewable energy by 2035

Queensland has laid out an ambitious vision for the state’s energy future, releasing draft legislation that calls for an additional 22 GW of new wind and solar projects by 2035, supported by at least 12 GW of storage, firming and dispatchable technologies including grid-scale batteries and pumped hydro storage.

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Snowy 2.0 pumped hydro project faces another two-year delay

The beleaguered Snowy 2.0 pumped hydro project has been hit with fresh construction delays and added cost blowouts with concerns the multi-billion-dollar project may now not reach full commercial operation until late 2029.

NZ to progress 8.5 TWh pumped hydro project

The New Zealand government will further investigate the viability of establishing a pumped hydroelectric facility on the South Island that would provide up to 8.5 TWh of annual generation and storage capacity to support the nation’s transition to 100% renewable electricity generation.

Danish renewables giant buys Queensland clean energy hub

Danish investment firm Copenhagen Infrastructure Partners has sharpened its focus on long-duration storage in Australia, announcing it has acquired the proposed Bowen Renewable Energy Hub project that is expected to combine 1.4 GW of pumped hydro storage with huge solar and wind generation.

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