Hybridization of power supply, through the inclusion of renewables, offers Australian mining companies the opportunity to score a significant “triple win” in the form of reduced cash operating costs, reduced fuel prices and reduced exposure to carbon risk.
The first Senec battery to be installed in an Australian home has helped the household reduce its summer power bill by 90%. The system, a 10 kWp Senec.Home battery, has helped the Spilsbury family in Perth’s western suburbs reduce its power consumption from the grid through maximizing self consumption for its 5 kW rooftop solar and by adapting consumption patterns.
Australia is set to quadruple its utility-scale PV capacity in 2018, with a 2 GW pipeline. The effects of the expansion are now beginning to show, as projects come online. So far just 0.1 MW of the 2018 pipeline are fully operational, but as of July this is going to change.
Data published by the United States Geological Survey show that, in 2017, lithium production in Australia reached 18,700 tons, compared to 14,100 tons in Chile. The market share of Chile has declined from 37.6% in 2016 to 32.8% in 2017; and risen Australia, from 36.8% to 43.5% in the same period.
ABB, ElectraNet and ARENA are coming together to deliver a microgrid and large scale battery storage solution to South Australia’s Yorke Peninsula. The commercial-deployment phase of the Energy Storage for Commercial Renewable Integration (ESCRI) project will strengthen the Electranet transmission system in the area, and will deliver increased resilience in the event of interstate connector failure.
Pioneering UNSW solar researcher Martin Green has received wide recognition for his achievement as being selected as one of the winners of 2018 Global Energy Prize. The prize means Green will split $820,000 in prize money with the co-winner, to go towards his research and teaching, and resulted in a congratulatory call from Prime Minister Malcolm Turnbull.
The University of Queensland (UQ) will offset 100% of its electricity needs with renewables by 2020. The milestone will be achieved through existing rootop PV arrays, and a freshly approved 64 MW solar farm near Warwick, in the state’s Southern Downs region.
The second stage of the SETuP project is rolling out Solar PV to communities in the Northern Territory, with the project set to be completed by November 2018.
Commercial electricity retailer Flow Power has signed an offtake deal through to 2030 for a quarter of the production from the Kiamal Solar Farm, in Victoria. Total Eren – developer of the $90 million, 200 MW project – has now signed three bilateral PPAs with offtakers – pointing the way for project developers as large-scale solar’s competiveness continues to grow.
New policies affecting all solar market segments in China are likely to lead to production overcapacity in the second half of 2018. The new regulations, announced June 1, will likely see the Chinese market decline from an expected 40-45 GW to 30-35 GW for the year, analysts report.
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