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Lake Cressbrook, Queensland. Image: Flickr user Allan Henderson.

Bechtel to work on 4GWh pumped hydro plant with battery storage in Queensland

August 5, 2022
Bechtel has been selected to work on design and planning of a large-scale pumped hydro energy storage (PHES) project in Queensland.
Wallerawang coal power plant, pictured in 2007, closed down in 2014, but New South Wales still has much more work to do to replace coal on its energy networks. Image: Wikimedia user Amitch.

Development approval given for 1,000MWh battery storage at Australian coal plant site

August 5, 2022
The Department of Planning and Environment in New South Wales gave development approval to a proposed 500MW/1,000MWh battery storage project.
Major BESS projects internationally, including the Victorian Big Battery in Australia (pictured) and Zenobe's upcoming project in Scotland are providing inertia via their inverters. Image: Victoria State government.

Australia projects drive trebling of energy storage revenues for Neoen

August 4, 2022
Neoen saw its energy storage revenues triple in the first half of this year, driven by its Victorian Big Battery in Australia.
woodmac us demand energy storage 2031

WoodMac downgrades US demand for energy storage in 2022/23 by one-third

August 3, 2022
Research firm Wood Mackenzie has downgraded its forecasts for US demand for energy storage in 2022 and 2023 by around one-third, in its most recent global outlook report.
FCAS services remain the biggest revenue stream for most BESS assets in Australia, like the Hornsdale Power Reserve (pictured). Image: Neoen.

Upgrade at Tesla battery project demonstrates feasibility of ‘once-in-a-century energy transformation’ for Australia

July 28, 2022
Hornsdale Power Reserve battery storage system in South Australia now has upgraded capabilities, enabling it to provide inertia to the grid.
Illustrative rendering of a solar-plus-storage project with LG ES containerised BESS. Image: LG Energy Solution.

LG Energy Solution: Lockdowns, logistics and materials prices cause dip in profitability

July 27, 2022
LG Energy Solution has seen a drop in its profitability which according to the company’s CFO was largely caused by industry headwinds.
Tesla Megapack BESS units caught fire during testing of the 350MW Victorian Big Battery in Australia. The situation was quickly brought under control and only two Megapacks out of more than 200 on site were consumed by flames. Image: Country Fire Association.

National Fire Protection Association affiliate surveys risks and mitigation for battery storage

July 27, 2022
Stakeholders have a few days left to take part in a survey on lithium-ion based battery storage system safety.
alok-sharma-niti-aayog-suman-bery-via-twitter

India adds Energy Storage Obligation policy to renewable energy purchase scheme

July 26, 2022
India’s government has added an Energy Storage Obligation alongside its Renewable Purchase Obligation for the first time.
Major BESS projects internationally, including the Victorian Big Battery in Australia (pictured) and Zenobe's upcoming project in Scotland are providing inertia via their inverters. Image: Victoria State government.

Australian Capital Territory government ‘invests’ in 250MW battery project

July 25, 2022
The state government of the Australian Capital Territory (ACT) will pledge funding towards a BESS rollout.
Detail of cell stacks at the completed demonstration system at VRB Energy's project in Hubei Province. Image: VRB Energy.

First phase of 800MWh world biggest flow battery commissioned in China

July 21, 2022
Commissioning has taken place of a 100MW/400MWh vanadium redox flow battery (VRFB) energy storage system in Dalian, China.

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