“Capacity deferral is the primary source of storage value”
Big batteries derive most their value from replacing gas peaker plants and averting the installation of excessive amounts of transmission and generation infrastructure. However, batteries cannot replace all gas plants, MIT researchers found. From a holistic economics perspective, there is a certain share of storage that is considered cost-efficient. With battery costs declining, that share is constantly increasing.
Plan to deploy 1,500 MW/6,000 MWh storage project gets approval in the US
A permit to expand Vistra’s natural gas-fired Moss Landing generation station to 1,500 MW/6,000 MWh has been approved, setting the stage for the world to see gigawatt-scale battery energy storage for the first time ever.
CEFC makes first industrial property investment as it seeks to unlock sector’s PV, battery potential
The Australian government’s green bank has announced its $50 million investment in the green strategy of one of Australia’s largest industrial and logistics funds managed by Charter Hall Group.
New England big battery awarded $12.5 million state government grant
The 50 MWh battery will be colocated with stage 1 of the UPC/AC Renewables’ 720 MW New England Solar Farm.
Battery manufacturing capacity set to increase fourfold to 1.3 TWh by 2030
Analysts at Wood Mackenzie have looked at plans for the incoming decade and concluded that about 119 manufacturing sites will be up and running by 2030. China currently sits firmly in the driving seat, with Asia Pacific comprising 80% of global manufacturing capacity, but Europe is catching up.
Australia’s largest green hydrogen trial gets go-ahead
The NSW Government has approved the development of the state’s first hydrogen gas facility at Horsley Park. The Western Sydney Green Gas Project will power local homes and businesses and supply hydrogen-powered vehicles.
Broken Hill to replace gas turbines with massive microgrid for back-up supply
The NSW country town of Broken Hill is set to host one of the world’s largest microgrids supplied by solar, wind and grid-scale storage.
Hyundai, Jemena sign green hydrogen refueling deal
Gas utility Jemena has committed to produce and deliver hydrogen gas to Hyundai’s Macquarie Park headquarters from early 2021.
Seraphim signs 150 MW distribution agreement with Raystech
After signing a 50 MW supply deal in June, the Chinese PV module maker is readying to ship another 150 MW of its recently unveiled S3 series half-cell monocrystalline PERC modules to the Australian market and beyond.
Low-cost, durable catalyst for hydrogen production
Researchers from India’s Centre for Nano and Soft Matter Sciences have developed a coordination polymer-based catalyst for hydrogen production that exhibits exceptionally high durability for 70 hours at a high current density of −300 mA/ cm2.
