Industry and govt set to pilot Decentralised Energy Exchange – “deX” – for trading locally generated and stored rooftop solar power to support the grid.
EnergyAustralia, Arup Group and Melbourne Energy Institute brief govt on plans for pumped seawater energy storage plant in SA.
SimpliPhi Power CEO in talks on battery storage with Australia’s “progressive” utilities and transmission companies.
The rules of Australia’s energy markets were written at a time when coal and gas were the only major options.
Head of one of Australia’s largest coal plant operators says nation’s shift to renewables “a reality” that must be addressed.
As renewables are used as a political football, investors and energy companies are getting on with the job, with major Asian investor group Equis announcing 200MW of ‘battery ready’ solar projects in Australia, with plans for another 1000MW in the near future.
JP Morgan say that with rapid coal generation closure, AGL may be worth more than the market currently thinks. But maybe not.
Investors feel like they have been sandwiched between Cory Bernardi and Bob Brown, but there are finally signs that the investment drought for wind and solar is over.