A community-owned battery energy storage system (BESS) in Australia could earn up to AU$250,000 per year, writes GridBeyond Australia’s solar, storage and EV regional director Stace Tzamtzidis.
With the opening of the Capacity Investment Scheme (CIS) tender 3 in Australia last Wednesday (13 November), one major question from the state allocations presented in the market briefing was why Queensland had been granted no capacity.
Whitehaven Energy, a subsidiary of coal producer Whitehaven Coal and renewable energy generator and retailer Pacific Blue, landed key milestones in developing solar-plus-storage projects in Australia last week.
Renewable energy developer and retail utility ZEN Energy has partnered with HD Renewable Energy (HDRE) to focus on developing energy storage and green hydrogen projects in Australia, Taiwan, and potentially Japan.
Oil & gas major TotalEnergies and Canadian Solar have received key state-level approvals for large-scale solar PV-plus-energy storage projects in New South Wales, Australia.
Energy generator and retailer Alinta Energy has penned an early contractor agreement for the 7.2GWh Oven Mountain pumped hydro energy storage (PHES) project in New South Wales, Australia.
Australian transmission system operator Transgrid has contracted Edify Energy’s 300MWh Riverina and Darlington Point battery energy storage system (BESS) to increase its network capacity in New South Wales by 120MW.
The Australian Energy Regulator (AER) said increased energy storage capacity will be essential to manage daily and seasonal variations in output on the National Electricity Market (NEM).
