The first stage of the project, for which Act has earmarked $100 million, will begin with a "market sounding" pre-procurement process to understand how a large-scale battery can be incorporated in the territory. The storage capacity will be shared among a variously-sized assets at different locations and provide power to reduce pressure on the grid, reduce electric power prices and generate new revenue opportunities for the territory government.
The project may deliver several batteries with a variety of capacities through one or many organisations and may include a small number of large-scale batteries (50MW-plus), as well as a larger number of smaller, "precinct-scale" batteries. Batteries could be connected to the ACT's transmission or distribution network, located at government sites such as bus depots or co-located with large-scale renewable generation facilities, according to the release.
The new battery capacity will be additional to the storage included in the territory's renewable electricity reverse auction last year, where 200MW of new generation will flow from Neoen's Stage 1 Goyder South Wind Farm in South Australia and GPG's Stage 2 Berrybank Wind Farm in Victoria. Neoen and GPG will build large-scale batteries located in Canberra, with the Neoen battery expected to be capable of powering about 15,000 typical homes for an hour in the event of a blackout. (Source: ACT PR, 19 Apr,, 2021) Contact: ACT, Sam Engele, Climate Action Coordinator, www.act.gov.au
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Most of Australia's renewable energy infrastructure is manufactured offshore and imported.
Under its plan, BlueScope "will invest directly in our own plant, but also partner with innovators and entrepreneurs to develop new technology solutions in key industries like renewables, infrastructure, defense, manufacturing and sustainable buildings.
An immediate focus will be supporting the manufacture of wind tower, solar farm, pumped hydro, electricity transmission facilities," according to the BlueScope release.
(Source: BlueScope Steel, ABC News Australia, 15 Nov., 2020) Contact: BlueScope Steel, www.bluescope.com
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Solar power generated 32.5 pct, wind power followed with 15.7 pct and hydro with 1.9 pct, although the not running at full capacity. Experts believe the breakthrough heralds a future where these numbers will become an increasingly common occurrence.
(Source: National Energy Market, 9 Nov., 2019) Contact: National Energy Market, +61 3 9609 8000, www.aemo.com.au
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The target, launched in 2001 and reduced in 2015, called for Australia to generate 33,000 GWh power from large-scale renewable energy by 2020. Australia's total power generation is presently around 260,000 GWh, according to Reuters.
The clean energy industry reports A$24 billion ($16 billion US) has been invested in renewable energy in the last 18 months alone, while wind and solar have gone from the most expensive form of power in 2001 to the least expensive today.(Source: Clean Energy Regulator, Reuters, Sept., 2019) Contact: Australia
Clean Energy Council, Kane Thornton, CEO, +61 3 9929 4100www.cleanenergycouncil.org.au
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The Victorian target
aligns with its federal counterpart, which proposes a nationwide target of 50 pct renewables by 2030, and matches the targets made by the Queensland and Northern Territory Labor governments.
(Source: Various Media, ReNew Economy, 8 Nov., 2018)
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In FY18, CEFC set a new record in investment commitments, 53 pct of which went into renewable energy. In the 12 months to 30 June 2018, the Australian government's green bank invested in 10 large-scale solar projects and four wind farms, to deliver an additional 1,100MW in clean energy across Australia. This included $94 million for the Kennedy Energy Park, Australia's first fully integrated hybrid project that will combine 43.2 MW in wind capacity, 15 MW of solar PV, and 2 MWh of battery storage, as well as projects delivering low-cost energy to large industrial and commercial energy users through innovative power purchase agreements.
Overall, the CEFC made commitments of $2.3 billion, with 39 direct investments in renewable energy, energy efficiency, transport and waste-related projects --
$939 million in energy efficiency, $100 million in transport and $127 million in waste-related projects.
Since its founding in 2013, CEFC has financially underpinned 2,400 MW of renewable energy projects, including more than 20 large-scale solar farms and 10 wind farms Australia-wide.
(Source: CEFC, July 30, 2018) Contact: Clean Energy Finance Corporation, www.cefc.com.au
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