Origin Energy will invest around AU$400 million (US$263.7 million) in a battery storage project at the site of one of its gas power plants in the state of Victoria.
Australia runs a great risk of failing to meet its ambitious but achievable renewable energy goals, writes Stephanie Bashir, CEO of Nexa Advisory, who explains why utility-scale energy storage is among the crucial tools in the country’s energy transition toolkit.
Edify Energy has closed financing on a battery storage project which will support the hosting of solar and wind at a government-designated Renewable Energy Zone (REZ) in Victoria, Australia.
Norwegian state-owned power producer Statkraft has enlisted system integrator Fluence for a 50MW, transmission system-connected battery energy storage system (BESS) in the UK.
Many ASEAN countries are advancing their adoption of renewable energy with the support of regulators, but the same can’t yet be said for energy storage technologies.
The Australian government is funding grid inertia measurement trial at the Victorian Big Battery, aiming to develop real-time, accurate assessments of the status of the network.