ACEN gives green light for 400 MW Stubbo Solar Farm
The Australian arm of Philippines-based clean energy company ACEN Corporation has pressed go on the 400 MW Stubbo Solar Farm to be built near Dubbo in the New South Wales central west.
Flow Power enters Queensland market with Clermont Solar Farm PPA
Australian electricity retailer Flow Power has officially entered the Queensland market, inking an offtake deal with German-owned renewable energy developer Wirsol Energy for 30 MW of clean electricity generated at the 89 MW Clermont Solar Farm.
NSW tender targets 600 MW of storage and 380 MW of firming capacity
The New South Wales government will stage a competitive tender to secure at least 600 MW of long duration storage as well as 380 MW of firming capacity as the state looks to fill the gap created by the impending closure of the country’s biggest coal generator.
Novel redox flow battery paves way for low-cost storage
US researchers have facilitated the decoupling of power from energy design by incorporating a conducting carbon slurry in the negative electrolyte of an all-iron flow battery. In a new study, they describe the design considerations for slurry iron redox flow battery scalability.
Weekend read: Five strategies for battery procurement
The worst effects of the pandemic may have passed, but supply chain disruptions continue to be felt across the world. The effects of the war in Ukraine are also evident to all of us in our daily lives, from commodities to energy, food supply chains and beyond. The disruption in the battery energy storage system (BESS) supply chain is no different, writes Cormac O’Laoire, senior manager of market intelligence at Clean Energy Associates. Indeed, as the cost of raw materials such as lithium climb, battery prices are being driven materially higher, on some accounts by 20% to 30%, rendering some projects uneconomical.
FFI teams up with European heavyweight on green hydrogen for Australia, Latin America
Australian green hydrogen developer Fortescue Future Industries and Italian gas and electricity giant Enel are set to partner on making green hydrogen cost-competitive with fossil fuel alternatives this decade.
Australian big battery near triples Neoen’s storage revenue
French renewables developer Neoen has credited the Victorian Big Battery with almost tripling its storage revenues in the first nine months of 2022. To September, the company’s revenues totalled $547 million (USD 347.4 million), with growth in solar and wind revenues paling beside the massive surge from battery storage.
NSW officially declares its third Renewable Energy Zone
The New South Wales government has formally declared the state’s third Renewable Energy Zone (REZ). The South West REZ, as its called, is centred around the towns of Hay and Balranald in the state’s western Riverina region, with initial expressions of interest in the zone attracting up to 34 GW of generation proposals – more than 13 times the intended capacity of 2.5 GW.
Market advancing VPP goes live in Western Australia
Western Australia’s largest virtual power plant, the government-support Project Symphony, is live. The project is particularly noteworthy for its introduction of new markets to reward different services and its use of Dynamic Operating Envelopes.
What to expect from COP27: the horns of the energy trilemma
While not one of the big five-year-cycle COPs like Paris or Glasgow, COP27 is still hugely important, write Wood Mackenzie analysts. The fallout from the conflict in Ukraine has tilted the precarious balance of the energy trilemma – sustainability; affordability; security – towards the latter. But despite this temporary setback, some progress should still be possible.
