There are 7GW of battery energy storage projects that have either been proposed or are in the planning process in Australia, with the average project in that pipeline sized at around 150MW.
China deployed 533.3MW of new electrochemical energy storage projects in the first three quarters of 2020, an increase of 157% on the same period in 2019.
A new three-year project allowing residential solar and batteries to trade electricity and grid services in Victoria, Australia, is aimed at creating a replicable model marketplace that could be widely expanded across the country.
Singapore-headquartered microgrid company Canopy Power has partnered with Total Solar Distributed Generation (DG) to build a hybrid project for a remote resort island in Cambodia that includes 2MWh of battery storage.
The Australian government-backed Clean Energy Finance Corporation (CEFC) has committed AU$125 million (US$92.12 million) to help build grid infrastructure for a 2GW pumped hydro project with 175 hours of storage duration.
Policymakers for New South Wales in Australia have been debating a bill to co-ordinate investment in the state’s electricity infrastructure that includes 2GW of long-duration energy storage and AU$50 million (US$36.71 million) support for green hydrogen over 10 years.
Australian utility AGL has furthered its plans to develop 850MW of large-scale battery storage across a number of sites in the country, announcing a new project in Victoria.
The Australian state of Victoria has doubled down on its rooftop solar and home battery subsidy programme as part of a drive to help households cover the cost of their power bills while making properties more energy efficient.
Although lithium-ion is currently the market leading battery technology in energy storage, this status cannot be guaranteed in perpetuity. Three leading figures from the lithium-ion battery industry give Andy Colthorpe their views on how the technology can continue to prosper.
