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2023-01-30
Location, Location: Battery Storage Projects Jostle for Position to Back up Wind and Solar
The NSW state government’s plans to replace its entire coal fleet with wind, solar and storage is creating some intense competition among project developers for valuable space on the grid.The competition among battery storage projects is most in
Australia
2023-01-30
Energy Arbitrage Sends Big Battery Revenue to New Record High in 2022
Victoria Big Battery. Image suppliedLarge-scale batteries in Australia’s National Electricity Market (NEM) earned record high revenue from arbitraging the energy market during 2022.Calendar 2022 was arguably the most dramatic year in the history
Hydrogen Production
2023-01-28
Germany and Australia to Strengthen Energy Cooperation
Germany’s Federal Minister for Economic Affairs and Climate Protection and Vice-Chancellor Robert Habeck and the Australian Minister for Energy and Climate Protection Chris Bowen have agreed to intensify cooperation between the two countries in
Market Analysis
2023-01-26
Victoria Must Increase Transmission Capacity to Meet Offshore Wind Targets
Data analysed by Cornwall Insight Australia has shown that Victoria will need to increase its transmission capacity in the South East by an additional 2GW by 2035 and 7GW by 2040 if it wants to capitalise on new capacity and help meet the state’
Market Analysis
2023-01-26
Hydrogen Fuel Cell Market size is expected to grow USD 78,629.5 million by 2030
According to the Market Statsville Group (MSG), the global Hydrogen Fuel Cell Market size is expected to grow from USD 14,573 million in 2021 to USD 78,629.5 million by 2030, at a CAGR of 20.6% from 2022 to 2030. A hydrogen fuel cell is an electrochemical
Energy Technology
2023-01-25
Robot Developed to Assist Verification of Used Fuel
A floating autonomous robot could soon play a key role in safeguarding used nuclear fuel around the world. The Robotised Cherenkov Viewing Device (RCVD) has been created through a collaboration between Australian national science agency CSIRO's da
Energy Storage Project
2023-01-21
ACEN’s 12-hour energy storage project gets government backing
The Phoenix Pumped Hydro Project received feasibility funding from New South Wales funding.ACEN’s 12-hour duration renewable energy storage project is progressing after getting support from the New South Wales government.The Phoenix Pumped Hydro
Coal Trade
2023-01-19
Australia’s Nsw Plans 10PC Coal Reservation Policy
Australia's New South Wales (NSW) state government will require coal producers to reserve up to 10pc of their output for domestic use, including export-focused firms that have largely been unaffected by the domestic coal price cap.The NSW governme
Solar Power Plant
2023-01-18
Australia Connects 3GW of New Capacity in 2022, Must Double That to Reach Renewable Target
Port Augusta Renewable Energy Park. Source: Iberdrola.The Australian Energy Market Operator has published its latest connections data, showing 2.9 gigawatts (GW) of new capacity was connected in 2022, a slight rise over 2021 but with fewer and generally b
Mexico
2023-01-16
Countries That Produce the Most Wind Energy
Thanks to increases in economies of scale and advances in technology, wind energy costs have become substantially more competitive.According to market research firm Lazard, the levelized cost of energy of unsubsidized wind has declined 72% from 2009 to 20
Coal Trade
2023-01-13
Guangdong Ports Lift Restrictions on Australia Coals
The Guangdong port in south China has been the first among Chinese ports to lift restrictions on Australian coals today, according to a source at an international trading house.The move comes a week after China's main economic planning agency the
Wind Farm
2023-01-13
China, Australia Drive Asia’s Energy Storage Market
The markets to account for 31% and 26% of the total electricity generation.Mainland China and Australia are the key drivers for Asia’s energy storage market. Fitch Solutions reported.The two markets are projected to see significant growth in the
Solar Power Plant
2023-01-13
Saft to Build Landmark New Zealand Storage System
French company Saft is to build New Zealand’s first large-scale, grid-connected battery energy storage system.Saft has been awarded a the contract by Meridian Energy to construct the facility at Ruakākā in the country’s North Island.Th
Nuclear Power Plant
2023-01-11
All Systems Go For Acen Australia’s Stubbo Solar Project
The company has issued a notice to proceed with the project.ACEN Australia has greenlighted the commencement of the Stubbo Solar project after it issued a Notice to Proceed for its construction.This comes as the company has put in place major contracts, s
Solar Power Plant
2023-01-11
Saft Energy Storage System to Support New Zealand’s Transition to Low-Carbon Electricity
Saft, a subsidiary of TotalEnergies, has been awarded a major contract by Meridian Energy to construct New Zealand’s first large scale grid-connected battery energy storage system (BESS). Located at Ruakaka in the country’s North Islan
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