Energisation has begun at Waratah Super Battery, the energy storage project contracted as a ‘giant shock absorber’ for the grid in New South Wales, Australia.
Today (29 August), the Victoria government announced it has streamlined the planning process to deliver the state’s “largest” battery energy storage system (BESS), ACEnergy’s 350MW/700MWh Joel Joel project.
Commissioning has been completed on the first commercial-scale project using Energy Vault’s gravity energy storage technology, while the firm has also secured a 400MWh BESS order for a project in Australia. However, it expects revenues this year to be 70-85% lower than 2023.
IPP Neoen has launched construction on the the second phase of its Collie BESS project in Western Australia, following a capacity services contract award.
Developer Someva Renewables and utility AGL have proposed a project in New South Wales combining wind, solar and up to 500MW/2,000MWh of energy storage.
An official opening took place this morning for the new vanadium flow battery electrolyte factory in Western Australia build by Australian Vanadium (AVL).
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.
The newest ancillary services product in Australia’s National Electricity Market (NEM) has been forecast to offer “significantly higher” revenues than other opportunities for battery storage.
