Australia

Construction is set to commence immediately on the first stage of a 1.2GW hybrid wind, solar and battery energy storage project in Central Queensland following Australian iron ore magnate Andrew Forrest’s announcement that he has invested $3 billion in the ‘shovel ready’ development.

The potential early retirement of Eraring has been the talk of the market the past week. Many of our customers have been asking what the impacts of the retirement might be on the acceleration or development of new renewable capacity in NSW and potential storage projects. In this Chart of the week, we look at the effect of the lost generation from Eraring and how that capacity might be filled.

Scientists in Australia have developed an optimisation framework for building-integrated photovoltaics that allows the selection of design variables according to user preferences. Their model considers PV-related features such as tilt angle, window-to-wall ratio (WWR), PV placement, and PV product type, as well as objective functions and constraints such as the net present value and the payback period.

Fortescue Future Industries’ plans to establish a 2GW renewable energy infrastructure-manufacturing facility and a separate 50,000 tonne green hydrogen production facility in Queensland have reached a major milestone with state-owned network operator Powerlink agreeing to connect the project sites to its transmission network.

The deployment of standalone power systems in the National Electricity Market is expected to accelerate after the Australian Energy Market Commission this week published new rules allowing distributors to install the renewables-based technology in the five market jurisdictions.

More than 3 million Australian households and small businesses have voluntarily installed rooftop solar systems but a local council in New South Wales is looking to mandate the continued rollout, investigating the potential for all new homes built in its region to be required to have solar PV panels on the roof.

Prime Minister Scott Morrison has flatly opposed the bid led by tech billionaire Mike Cannon-Brookes to buy Australia’s biggest energy company AGL and spend $20 billion switching it to renewables. This includes closing its coal power stations by 2030.

The famous Melbourne Cricket Ground is claiming an Australian first with energy retailer EnergyAustralia saying the iconic sports ground in the Victorian capital is the first major stadium in the nation to be run entirely on 100% renewable power.

A cohort of 25 New South Wales councils has signed a renewable energy supply deal worth an estimated $180 million that will see the local government associations supplied with electricity sourced from three of the state’s large-scale solar farms.

Australian technology company Lavo’s innovative energy storage system – based on storing green hydrogen in a patented metal hydride – has attracted the attention of the UK government which has provided financial backing to allow for a demonstration facility to be installed in England’s northwest.