Australian residential power prices have surged up to 25% this year. With solar rooftops booming as a result, Nikhil Jayaraj, managing director of Regen Power, looks at whether home batteries will keep pace.
Amp Energy’s 150 MW / 300 MWh battery storage project in Bungama, north of Adelaide, has secured a grid connection agreement with South Australia’s grid operator and owner ElectraNet.
The initial capacity of the proposed Marinus Link transmission project, that would connect Tasmania and the Australian mainland via an undersea electricity interconnector, has been reduced by 50% as part of new funding arrangements announced by the federal and state governments.
Australian solar technology company Allume Energy estimates that its behind-the-meter Solshare platform can help residents in multi-unit buildings save up to 40% on their electricity bills.
Smart meter reform recommendations have been handed down by the Australian Energy Market Commission, which advised accelerating the national rollout and introducing a mandate for customers to have free access to their real-time data. Reaching 100% penetration by 2030 would provide $507 million (USD 328 million) net benefit value to the NEM, the Commission’s review found.
Australia’s federal government has allocated $3 billion (USD 1.93 billion) from its Rewiring the Nation program to upgrade Western Australia’s two islanded grids, which lag the eastern states in their renewable energy share.
Just days after a federal government-funded research body warned of potential cyber risks for Australia’s energy grids due to foreign-made solar technology, Sydney-headquartered wholesale energy software supplier Energy One has suffered a data breach.
Australia’s largest transmission network operator Transgrid has struck a deal with Chinese manufacturer ZTT International for the delivery of more than 17,500 kilometres of high-voltage conductors as it looks shore up supplies of key electrical equipment needed to deliver critical transmission projects.
The Australian Energy Market Commission has proposed new rules that would require developers planning major transmission projects to consult with communities and affected stakeholders earlier in the projects’ development.
Australia’s national science agency will lead a ‘smart buildings’ pilot project that has the potential to create a new ecosystem of technologies and solutions to support flexible demand for energy, offering a way to ease pressure on the grid during peak demand periods.
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