Battery energy storage projects have emerged as the dominant force in Australia’s energy investment landscape, accounting for 46% of the nation’s 64GW development pipeline, according to the Australian Energy Market Operator’s (AEMO) latest quarterly report.
“We see energy storage as an opportunity for (data centres) to reduce their impact on the grid”, said Patrick Hughes, Senior VP of Operations and Strategy at NEMA.
Utility company Avista has selected projects as part of its request for proposal (RFP) process to identify new resources, including a 100MW battery energy storage system (BESS), for the Pacific Northwest, US.
Virginia’s recently proposed legislation to significantly increase energy storage requirements coincides with unprecedented electricity demand growth in the state, largely driven by data centres.
Global infrastructure investor I Squared Capital has launched ANZA Power, a next-generation independent power producer (IPP) in Australia and New Zealand.
BlackRock-backed Akaysha Energy has commenced operations at its 205MW/410MWh Brendale battery energy storage system (BESS) in Queensland, Australia, delivering the project close to five months ahead of the original schedule.
FranklinWH and ConnectDER have had their respective battery and electric meter technologies enrolled into programmes in Arizona expected to accelerate the take-up of home batteries for virtual power plants (VPPs).
While coal and gas power plants grapple with cost increases, Australia’s battery storage sector delivers a different story, with costs plummeting across all durations.
