The impression of another big battery being installed on the site of one of Australia’s recently decommissioned “coal clunkers” was lost on few. Battery system provider Fluence says the Hazelwood Battery Energy Storage System’s business case was bolstered by recent reforms and new technology to take advantage of rapidly changing wholesale electricity market dynamics.
The 300 MW / 450 MWh Victorian big battery in Geelong has today commenced operation. In spite of fire breaking out during commissioning in July, the battery has been delivered in record time, taking less than a year to build and begin operations.
The International Energy Agency said the four nations are on track to contribute 85% of the 18 GW of global renewables capacity which is set to be dedicated to green hydrogen production by 2026. Elsewhere, the Port of Valencia has unveiled a plan to install a green hydrogen supply station in the new year.
Two of Australia’s most prominent energy players, AGL Energy and Fortescue Future Industries, today announced plans to repurpose infrastructure at AGL’s Hunter Valley coal stations to turn them into green hydrogen hubs.
A consortium including Australian concentrated solar thermal power company Vast Solar has filed to patent a new tank design for thermal energy storage systems. The new design, it says, substantially mitigates the risk of tank failures which have been identified as one of the key shortcomings of the economical storage technology.
Australian hydrogen research and development company, Star Scientific, has announced its technology will be used to provide heat for industrial-scale sanitation in a pilot with Mars Food Australia.
Sydney-based solar pioneer 5B has today announced it will acquire IXL Solar’s Adelaide-based manufacturing business, with pv magazine Australia told the purchase will see 5B buy everything but the name, effective immediately.
Italian energy utility giant Enel Group has been granted a retail energy licence for Australia, with the company saying it will soon be one stop shop ‘greentailer’. Supported by its established Australian operations Enel X and Enel Green Power Australia, the new green energy retailer will first target commercial and industrial customers before expanding to residential customers.
The Victorian government has today announced it will put $5 million towards installing fast-charging stations across the state and $3 million in new charging infrastructure grants for local council and business fleets. The government also simplified access to its $3,000 electric vehicle subsidy, saying the program has led to a 200% sales increase in the last six months.
Batteries in South Australia have been paid to charge throughout September and October 2021 due to a record number of negative price intervals. Wholesale electricity prices were negative almost 40% of the time.
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