Pumped Hydro

Renewables

Genex lands 10-year supply contract for huge Kidston wind project
Genex lands off take agreement for proposed Kidston wind project that will form part of the clean energy hub incorporating wind, solar and pumped hydro storage.
Giles Parkinson

Oct 20, 2023

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CleanCo seeks another 3GW of wind and solar to boost pipeline to more than 5GW
CleanCo puts out a call for another 3GW of new wind and solar projects as state government advances massive Borumba pumped hydro project.
Giles Parkinson

Oct 13, 2023

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Renewables

New Hope for renewables? Coal miner floats huge solar, wind and pumped hydro plan
ASX-listed miner looks to invest some of its windfall coal profits into renewables, including a potential giga-scale solar, wind and pumped hydro project in Queensland.
Sophie Vorrath

Sep 20, 2023

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Coal

Dramatic lift in market price cap to encourage batteries and gas to fill coal gap
The wholesale market price cap is to jump to more than $22,000/MWh to encourage big batteries and open cycle gas generators to meet peak demand as coal exits grid.
Giles Parkinson

Sep 15, 2023

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“Moving beyond baseload:” NSW turns to consumers and local storage to fill Eraring gap
NSW announces $1.8 billion, including a new focus on consumer energy resources, such as neighbourhood batteries, in its Energy Security Corp.
Giles Parkinson

Sep 7, 2023

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Storage

Long or short on energy storage? A deep dive into price signals for duration
There are very sharp diminishing returns for longer duration storage under current market arrangements, which makes it difficult for private investors.
Dan Lee

Sep 7, 2023

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Storage

Snowy 2.0 documents suggest the $12 billion project’s boring troubles are far from over
A planning application to fix Snowy 2.0 sinkhole and un-pause Florence offers insight into how the boring machine got stuck – and why more troubles could lie ahead.
Sophie Vorrath

Sep 6, 2023

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Marinus secures cable deal as full costs of sub-sea link revealed
Marinus signs deal for cable supply in downsized sub-sea link, as Tasmania reveals the blown out cost estimate of the full project.
Joshua S. Hill & Staff Reporter

Sep 6, 2023

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For the cost of Snowy 2.0, Australia could have 12GW of Tesla Megapack batteries
Snowy Hydro railed against battery storage when it sought to justify its vanity Snowy 2.0 scheme. But with 12,000 Tesla Megapacks we wouldn’t be arguing about the closure of Eraring.
Giles Parkinson

Sep 6, 2023

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Battery

Genex eyes trebling of revenue, says new battery already “sopping up” negative prices
Genex says its revenue will increase threefold over next three years, with its growing storage portfolio and the “tremendous opportunity” of volatile grid pricing.
Sophie Vorrath

Sep 4, 2023

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Snowy Hydro boss apologises for cost blowouts, Bowen says it won’t be cancelled
The head of Snowy Hydro has apologised for large cost blowouts, while energy minister Chris Bowen says it would be a waste to cancel the project after so much has been spent.
Andrew Brown

Sep 1, 2023

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Storage

Snowy 2 Much: How can a 2.2GW water battery be worth more than $12 billion?
The Snowy Hydro “reset” comes with no details or analysis. The Australian public, as the ultimate shareholders, must be provided with a comprehensive report, not just a two page media release.
Ted Woodley

Sep 1, 2023

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