Australia’s CSIRO has revised pumped hydro storage costs upward in the final version of its annual GenCost electricity cost report.

The Queensland government has reportedly shelved the proposed AU$6 billion (US$4 billion) Mt Rawdon pumped hydro project, ending state support for a mine-repurposing scheme that had attracted AU$50 million in government funding.

Australia’s AEMC is consulting on minimum system load in the NEM, with battery energy storage investment at the heart of the debate.

Victoria’s State Electricity Commission (SEC) and Italian clean technology company Energy Dome have announced plans to develop the state’s first long-duration energy storage (LDES) facility.

A 19.8MWh battery energy storage system (BESS) is to be added to an existing solar-plus-storage facility in the Republic of Palau, with Australian development finance backing the expansion of one of the Western Pacific’s flagship hybrid renewable energy projects.

HMC Capital has launched Illuma Energy, a new identity that brings together the ASX-listed asset manager’s energy investment, development and operating activities under a single platform.

Dutch long-duration energy storage (LDES) developer Elestor has partnered with Windpark Zeewolde to deploy a 20MW/200-800MWh hydrogen-iron flow battery storage system at what is described as Europe’s largest onshore wind farm.

The Australian government has introduced a dedicated First Nations Set Aside pilot into both Capacity Investment Scheme Tenders 9 and 10.

Arash Shojaie of QIC Infrastructure outlines how Queensland’s North West Energy Fund will approach cost reduction, technology selection and more.

New Zealand state-owned energy company from a Fast-track Approvals Panel to access contingent hydro storage at Lake Pūkaki in New Zealand.