New South Wales electricity transmission company Transgrid has contracted the 150 MW / 300 MWh Riverina and Darlington Point battery energy storage systems to unlock extra capacity on its existing network in the state’s southwest as more renewables come online.
Australian fuel giant Ampol has reached another milestone in its journey to expand beyond its roots as a petrol and diesel retailer, launching its own electric vehicle home charger.
As battery energy storage system costs plunge, energy price volatility is shortening payback times for storage solutions. This shift, driven by a surge in intermittently generating renewables, and ongoing innovations in battery manufacturing, marks a pivotal moment for energy markets worldwide.
An Oxford Economics Australia report has found electricity construction activity has been at a record high of $19.2 billion over FY24, and with an expected investment of $5 billion a year to FY30, the way forward for large solar projects is clear, especially for Queensland.
Battery storage developer Akaysha Energy is looking to automate wholesale market participation for a large portion of its Australian battery energy storage fleet using Fluence’s AI-powered bidding software Mosaic.
Queensland energy storage solutions provider RedEarth Energy Storage has partnered with German company ambibox to bring Australian-made vehicle-to-grid electric vehicle chargers to the market.
The Australian Renewable Energy Agency has granted $1.7 million to a New South Wales university research project to better understand the impacts of integration of consumer energy resources into the grid.
New South Wales network operator Transgrid has received approval from the state government for its 365 kilometre HumeLink transmission project, which could be operational by 2027, and federal approval is received.
The New South Wales government has released updated planning guidelines for large-scale renewable energy projects following criticism that the previous framework was slowing the state’s transition away from coal-dominated generation.
The federal government says new standards have been approved that will allow vehicle-to-grid charging in Australia – enabling electric vehicles to not only charge but also supply power back to homes or the electricity grid – by the end of the year.
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