The Australian Capital Territory (ACT) government has lauded the role large-scale batteries will play in the country’s energy transition, having supported projects which will see energy storage project deployed in the country.
Solar and wind power represent a US$1 trillion investment opportunity in Asia Pacific this decade, equivalent to two-thirds of the region’s power generation sector, as countries move away from fossil fuel generation in favour of greener alternatives.
Queensland’s three state-owned energy corporations will be able to increase their ownership of commercial renewable projects thanks to a new AU$500 million (US$364.45 million) renewable energy fund announced yesterday.
A new record for variable renewable energy was set in parts of Australia last week, with solar and wind contributing to 46.5% of the total energy used for 30 minutes on 20 August in the country's National Electricity Market (NEM).
Hit by grid connection challenges, large-scale renewable energy projects committed in Australia in the second quarter of 2020 were at their lowest level since 2017, according to new data from the Clean Energy Council.
Last week saw the publication of both AEMO’s Integrated System Plan and National Grid ESO’s Future Energy Scenarios, two documents which project the evolution of Australia and the UK’s national grids. Liam Stoker compares the two and identifies the mutual lessons to be learned.