UK-based billionaire Sanjeev Gupta is looking to buy equipment from and use part of the old Holden factory in South Australia to create an electric vehicle production line in what would be a remarkable transformation of Australia’s car industry and... Read More →
Sophie Vorath, RenewEconomy US battery maker Tesla has again been selected to team up with French renewables developer Neoen on another ground-breaking Australian project; this time in Victoria, on the construction of a wind farm and battery storage facility that... Read More →
Australian Energy Market Operator CEO Audrey Zibelman says Australia will be a world leader in the transition to a smarter and cheaper renewables based-grid, and trying to resist that change is like trying to stop the internet.
The South Australian government is expected to announce the winner, or winners, of its 100MW battery storage tender in the next week, and will need to do if it is to have the equipment installed by the coming summer as planned.
Australia’s principal energy markets policy maker has waved through a rule change that could accelerate the use of battery storage to provide grid stability as more renewables enter the market. But the decision may reinforce the dominance of the big fossil fuel utilities.
At RenewEconomy’s Energy Disruption conference in Sydney this week there were lots of talk, lots of slides, lots of ideas about the future of the country’s energy system. It’s quite clear, as AGL Energy boss Andy Vesey admitted, that nothing will stay the same.
The battery storage revolution is taking hold in Australia, and may even occur quicker than most pundits thought – despite lingering uncertainty about whether consumers will actually be saving any money in the short term.
Last week’s presentation by US company Tesla, and a similar recent announcement by German battery manufacturer Seimens, could see thousands of north coast residents abandoning the power grid as early as next year.
Australia’s most prominent renewable energy journalist has warned that a privatised electricity distribution network, as promised by the Coalition parties if they are returned to government, will need ‘a new business model’ to ensure its survival.