Proposed marginal loss factors (MLFs) will result in six utility scale solar projects receiving a 10% or more reduction in revenues, at current prices and if imposed as proposed by AEMO. Worsening MLFs add to mounting pressures for large scale PV project developers in 2019.
A new study from the Australian National University shows that a series of pumped storage projects currently in the pipeline across five states could triple Australia’s electricity storage capacity, and pave the way for more solar and wind.
In research breakthroughs announced over the past few days, an ultrathin graphene film soaks up the sun, a renewable thermal solution provides a novel source of industrial heating (think hot rocks!) and the Future Grid Homes project reveals Airbnb as a potential model for excess-energy sharing between consumers.
Santos’s Cooper Basin oil production is set to be transformed by a trial using solar PV and a CSIRO-developed hybrid battery to replace diesel generators powering the pumps that deliver oil from underground 24/7. Early success suggests the trial will serve as a proof point for the reliability of renewables in many more off-grid applications.
While renewables continue to do their bit on decarbonizing the energy sector, national emissions, especially in the transport sector, continue to rise amid a lack of any federal or state government limits, The Australia Institute warns. Total renewable supply, including rooftop solar, is at 21.2% of generation from all sources across the NEM, eating into the share once firmly held by coal and gas.
The study will evaluate the direct production of cathode powders from mica feed material sourced from mining operations, eliminating the need for cobalt and nickel.
Toyota Australia will transform its former manufacturing site in West Melbourne into a renewable energy hub to produce green hydrogen with the help of funding from the Australian Renewable Energy Agency (ARENA). In other hydrogen-related news, researchers at UNSW Sydney with partners H2Store have received a $3.5 million investment from Providence Asset Group to develop a hydrogen residential storage.
A 30 kW vertical array has powered up at Australia’s Casey research station in Antarctica. The project is one the largest solar installations on the southernmost, ice-covered continent.
Following months of uncertainty around its financial position, Carnegie Clean Energy and its fully owned subsidiaries went into voluntary administration last week. In its latest statement to ASX, the renewable energy developer says it has struck a deal with one of its directors to provide funding support while administrators attempt to recapitalize its wave power business.
Around $9.4 million has been allocated for 11 projects to trial short-term forecasting for large wind and solar farms under a funding initiative by the Australian Renewable Energy Agency (ARENA) in partnership with the Australian Energy Market Operator (AEMO). The trial aims to improve the accuracy of market outcomes.