New Zealand’s fragmented electricity market structure is creating both opportunities and obstacles for industrial battery storage, as demonstrated by CentrePort Wellington’s upcoming deployment.
Thimo Mueller, general manager of commercial at ASL, has urged that a ‘culture of collaboration’ will be key to New South Wales (NSW) achieving its energy storage targets.
Vena Energy has signed a long-term revenue share agreement with Danish energy trading company InCommodities for its 204MW/510MWh Bellambi Heights battery energy storage system (BESS) in Central West New South Wales, Australia.
A collaborative team of Australian scientists from CSIRO, the University of Melbourne and the Royal Melbourne Institute of Technology (RMIT) has successfully developed and tested the world’s first proof-of-concept quantum battery system.
“When we started back in two years ago, there was a lack of understanding in the market about how the grid-forming inverters operate,” said Ghasem Jahedi, principal grid engineer at AGL.