Doubts about Australia’s ability to power the National Electricity Market with 82% renewable energy by 2030, have been put to bed by a new report issued from Climate Energy Finance, citing among positive contributors to acceleration, off-the-charts battery storage growth.
Amid record-low prices for solar modules, the focus of cost reduction for utility-scale solar projects is shifting to non-module balance-of-system (BoS) expenses. A transition from 1.5 kV voltage to 2 kV in solar projects is expected to gain traction through 2030.
The Opposition has released its nuclear energy plan modelling concluding nuclear power is up to 44% cheaper than current government scenarious but assumes renewable generation would continue to dominate in the future alongside it.
Australia’s largest Indigenous-led renewable energy initiatives, the Yindjibarndi Energy Corporation, has been awarded project priority status for the Western Australian Chichester Range transmission corridor, in the North West Interconnected System.
Enphase Energy has released new software to help homeowners install larger solar and battery systems without major electrical panel upgrades. It uses real-time measurements from current transformers to make immediate decisions.
The Australian Energy Market Operator’s new and first national electricity market transition to renewables system security plan is future proofing the grid well ahead of a time when rooftop solar could potentially meet 100% of NEM demand.
United States-headquartered technology company Itron, Inc has collaborated with Victoria-based gas and electricity distribution company Jemena to deploy its resource management system to manage rooftop solar generation in Australia.
British-owned energy storage specialist Pacific Green has revealed plans to build a large-scale battery in southern New South Wales after securing land “strategically” located near a suite of renewable energy generators and major transmission projects.
Construction of a synchronous condenser at Ararat Terminal Station in Victoria has begun and will help maintain to balance the state’s power generation and consumption, responding quickly to sudden changes in power demand to stabilise the grid.
Future-proofing a grid after coal-fired power generation phases out, has prompted an Australian government review of the National Electricity Market to promote investment in firmed reliable renewable energy such as rooftop solar, utility scale projects, and storage capacity.
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