Victoria, Australia, has secured the largest allocation of dispatchable power in the upcoming Capacity Investment Scheme (CIS), with 1.7GW/6.8GWh for energy storage.
The City of Green Bay in Wisconsin, US, has granted a Conditional Use Permit for a large-scale battery storage project proposed by a subsidiary of Copenhagen Infrastructure Partners (CIP).
The viability of many hydroelectric power stations, including pumped hydro energy storage (PHES), in Tasmania, Australia, may “come into question” in the future, given the island’s lack of interconnectivity with the mainland.
Australian utility Origin Energy yesterday (30 October) confirmed it had started construction on the second phase of its 2.1GWh Eraring battery energy storage system (BESS) in New South Wales, Australia.
Castleton Commodities International LLC (CCI) subsidiary S4 Energy has acquired Netherlands BESS development platform LC Energy, and its 6GW pipeline of projects, from developer Low Carbon.
French independent power producer Neoen confirmed that stage one of the 219MW/877MWh Collie battery energy storage system in Western Australia has been completed.
On the first day of All-Energy Australia 2024, held in Melbourne on October 23, Kate Clark, programme manager at Victoria’s Department of Energy, Environment, and Climate Action, stated: “There are many different definitions and types of value that can be generated by community batteries.”
Transferability and the Inflation Reduction Act (IRA) have opened up tax equity financing to the wider corporate world, but significant risks remain with so many new entrants, tax credits specialist Foss & Company told Energy-Storage.news.
