Australia’s government has put its support behind two major transmission projects which will increase the utilisation of renewable energy.

Akaysha Energy has been selected for the Waratah Super Battery project in New South Wales, with Powin Energy as key equipment supplier.

Long duration energy storage technologies like flow batteries, compressed air or gravity-based solutions look set to enter the market at scale in the second half of the 2030s, according to the DNV Energy Transition Outlook.

Any new energy technology asset class comes with risk that needs to be recognised, write Liam McEneaney and Daniel Stevens at AXIS Insurance.

Development of battery systems to help integrate renewables and boost grid reliability continues to pick up pace in New South Wales.

Recent policy developments in the US and European Union represent a considerable uplift to prospects for global energy storage deployment.

Steps forward have been taken New South Wales, Australia, for the largest battery storage system anywhere in the Southern Hemisphere.

EnergyAustralia is tentatively planning to build a 500MW battery energy storage system (BESS) on land it owns in New South Wales.

At RE+ 2022 last month, Energy-Storage.news met with leading figures from the energy storage industry for a series of exclusive interviews.

New large-scale battery storage in Australia will increase competition and put downward pressure on costs of ancillary services.