Distributed energy technologies such as solar and battery-based energy storage could save Australia AU$101 billion (US$75 billion) by 2050 and completely eliminate greenhouse gas emissions, according to a new report from CSIRO and Energy Networks Australia (ENA).
Queensland-based developer SolarQ is planning to build a 350MW(ac) solar plant combined with a ground-breaking 4,000MWh of lithium-ion battery storage in the Gympie Region of Queensland, Australia.
One of Australia’s energy market regulators has put out a lengthy document detailing the potential impact of introducing five minute settlement into the electricity spot market, which would likely favour flexible resources such as energy storage.
Brisbane-based renewable energy investor Lyon Group will soon start building a AU$1 billion (US$767 million) solar-plus-storage farm in South Australia – the world’s largest.
Queensland’s workplace regulator, the Electrical Safety Office (ESO), has revoked its recommendation that all home energy storage battery units should be installed separately from households in an external enclosure.
The government of Victoria in Australia plans to invest AU$20 million (US$15.2 million) in large-scale energy storage initiatives across the state to reach 100MW by the end of 2018.
In a major energy strategy upheaval, the South Australian government is providing significant funding to support energy storage projects, starting with a 100MW grid-connected battery that will be the largest in the country.
The Australian body in charge of promoting investment in renewables has criticised “heavy-handed” regulation of home energy storage systems in certain states.
