Pumped Hydro

Pumped Hydro

Snowy 2.0 rapidly turning into “$10 billion white elephant,” experts say
Open letter to the PM warns that Snowy 2.0 pumped hydro project will blow out to roughly double original cost estimates to around $10 billion.
Sophie Vorrath

Sep 18, 2020

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Storage

Genex sees Kidston hydro start this year, after software bug hits solar profits
Genex prepares to commence construction on Kidston pumped hydro project before year end, after solving a solar farm software bug that dented revenues.
Michael Mazengarb

Sep 1, 2020

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Pumped hydro projects left high and dry, still waiting for funding news
Pumped hydro proponents in South Australia still waiting for news of federal funding.
Giles Parkinson

Sep 1, 2020

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NSW Government

NSW to fund four new big battery projects as it readies to flick switch from coal
NSW backs four new big battery projects, and gives funding for another half dozen even bigger battery, pumped hydro and compressed air energy storage proposals.
Giles Parkinson

Aug 15, 2020

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Markets

Genex raises $28.3 million to fast-track Queensland big battery
Genex to fast track development of the Como big battery in Queeensland, after raising $28.3m in a new share offering.
Michael Mazengarb

Aug 10, 2020

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Genex plans big battery in Queensland, seals equity deal with J-Power
Genex announces plans for big battery at Rockhamption, and locks in share deal with J-Power as it seeks to finalise equity financing for its Kidston pumped hydro project.
Giles Parkinson

Aug 3, 2020

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Electric Vehicles

Are 19 million electric vehicle batteries equal to five Snowy 2.0s?
Australia’s car fleet – if fully electric – could provide as much storage five Snowy 2.0 pumped hydro schemes. Here’s why.
Bjorn Sturmberg

Jul 31, 2020

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Coal

AEMO says batteries will be cheaper and cleaner than new gas plants
The Integrated System Plan confirms that the gas lobby claims of gas as a transition fuel is tenuous – on both economic and environmental grounds, and because there are smarter alternatives.
Giles Parkinson

Jul 30, 2020

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Storage

Revenue bonanza dries up for big battery storage in second quarter
The bonanza in revenue from the FCAS market on Australia’s main grid dried up in the second quarter, leading to a big reduction in revenue for the country’s fleet of big batteries.
Giles Parkinson

Jul 22, 2020

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Graph of the Day: Map of Tasmania generation – hydro and wind
Map of Tasmania’s fossil-fuel free electricity generation, showing existing hydro and wind.
Giles Parkinson

Jul 14, 2020

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GE signs agreement to develop 500MW pumped hydro project in NSW
Global energy giant GE signs agreement to help fast-track proposed 500MW pumped hydro storage project at Dungowan Dam in New England region of NSW.
Giles Parkinson

Jul 13, 2020

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CleanTech Bites

NSW to call for wind, solar and storage proposals for second renewable zone
NSW prepares new call for wind, solar and storage projects in second renewable energy zone as it puts together plan to replace ageing coal fleet.
Giles Parkinson

Jul 9, 2020

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