Oceania

South Korean company LG Energy Solution has partnered with Australian fintech financier Humm Group and renewable energy retailer Diamond Energy to provide customers with Virtual Power Plant platform. Virtual power plants (VPPs) are gaining momentum in Australia as a way to decrease buyback time on home batteries and potentially add stabilisation services to the grid.

The Morrison government and Energy Minister Angus Taylor have made a renewed attempt to expand the remit of the Australian Renewable Energy Agency to include technologies using fossil-fuels. The Senate, which blocked Taylor’s previous attempt to illegally siphon funding from renewables in June, is set to sit today and the outcome is far from certain.

Researchers at The Australian National University working on the photovoltaic potential of ultra-thin 2D materials have made an interesting discovery, the ability of these diaphanous materials to generate solar energy can be controlled by a mere “twist”.

A British-Australian research team has assessed the potential of liquid air energy storage (LAES) for large scale application. The scientists estimate that these systems may currently be built at a cost between €300 and €600 (AU$480 to $960) per megawatt-hour and that a positive business case could be favoured by certain conditions, including a determined price structure in the energy market and the presence of a grid unable to support high levels of renewable energy penetration.

Solar PV is an important contributor to all energy scenarios presented in AEMO’s latest “Input, Assumptions and Scenarios Report,” but what’s the best possible outcome it can enable?

I had quite the epiphany in the winter of 2020. I began to realise that selling cheap solar systems isn’t actually a smart thing to do in the long run. I’d heard all the rumours from old heads of the industry, but went in a bit wet behind the ears with the old ‘it couldn’t happen to me’ mentality. But replacing solar panels that were only four years old made me wise-up very quickly.

Australia’s big energy providers are being forced to take stock of the costs of fossil fuels versus renewables. One industry analyst and commentator has a fresh recipe for success for Australia’s biggest wholesaler and retailer of gas.

Speculation will be rife as to the cause of the fire which destroyed one Tesla Megapack and damaged another in Moorabool on Friday. Investigators are waiting until the site is deemed safe to begin their forensic examination.

The time is now for the energy consumer, says Anna Bruce, as energy “prosumers” produce, consume, and provide electricity and grid services in previously unimagined ways. Bruce, a senior lecturer at the University of New South Wales’ School of Solar Photovoltaic and Renewable Energy Engineering (SPREE), leads work on the role of distributed energy resources in the energy transition, analysing firsthand the dizzying level of complexity it brings.

The Queensland government released its Climate Action Plan 2030 online yesterday, an apparent roadmap for the Sunshine State to meet its renewable 2030 and 2050 targets while creating jobs and helping the economy recover from the impact of Covid-19. But is the Action Plan merely a plan to take action?