Sergey Syrvachev’s Post

Synergy Building Massive Battery to Boost Renewables in Western Australia Construction has begun on Synergy's Collie Battery Energy Storage System, set to be the biggest battery in the state upon completion. The project is expected to be completed in 2025. This giant 500MW/2000MWh battery will be crucial in WA's transition to clean energy. Here is how: 1. The battery will store solar energy generated during the day, making it available during peak evening hours, mitigating the "duck curve", and reducing reliance on coal. 2. This project supports the state's commitment to increasing renewable energy sources like solar and wind. 3. Large-scale batteries like this one provide stability to the power grid, managing fluctuations and congestion, and ensuring a reliable electricity supply. Synergy plans to double the battery's capacity to 1,000 MW and 4,000 MWh. This is not Synergy's only battery project. They already have a 100MW battery operational at Kwinana with a 200MW expansion underway. While the Collie Battery will be the biggest in WA for now, it highlights the growing trend of large-scale battery storage across Australia. This communicates well for a future powered by clean and reliable energy. #RenewableEnergy #BatteryStorage #CleanEnergyFuture #SynergyCollieBattery #SustainablePower #EnergyTransition #DuckCurveSolution #GridResilience

WTG, Western Australia! #GridScaleBatteries #SolarPower #CoalPowerPlantClosings #Synergy #CollieBatteryEnergyStorageSystem #CardinalContractors #KwinanaBattery #ArkEnergy #RichmondValleyBattery "Construction is underway on will be Australia’s biggest battery project; the giant four-hour Collie battery energy storage system being built by Synergy to soak up Western Australia solar during the day and replace coal in the evening peak. The battery, which will have a 500 MW/2000 MWh capacity, got its final approvals in December, last year, for development next to the Collie Power station in WA’s south-west. It will be the biggest in the country once complete, although it may also be rapidly overtaken by other big battery proposals, including Ark Energy’s 2,200 MWh Richmond Valley battery in NSW, which will be the world’s biggest eight-hour battery. Synergy says local earthworks and rehabilitation specialists Cardinal Contractors has been contracted to complete site preparation earthworks for the battery, with up to 500 jobs likely to be created at the peak of construction. The Collie BESS is being funded by the state government as part of the state’s accelerated transition to renewables, driven by the huge opportunities on offer from switch to green energy – for industry, mines and consumers – and by the urgent need to replace aging coal generators. Synergy said on Friday that the newly started project is expected to be completed in 2025, and the state-owned utility has flagged plans to double its size in the future to 1,000 MW and 4,000 MWh. “Synergy’s ground-breaking project is significant for the Collie community and will help local workers and families as Synergy seeks to exit coal-fired power by 2030,” said state energy minister Reece Whitby in a statement on Friday. “When complete, this battery will support reliability and more renewable energy on WA’s main electricity grid.” The Collie BESS is Synergy’s third big battery, with work already completed on the first-stage 100MW, two-hour battery at Kwinana and started on the second stage of that facility, which will be sized at 200 MW and four hours (800 MWh). Alinta is also building a 100 MW, two hour battery at Wagerup, while Neoen is building a 219 MW/867 MWh battery at Collie, not far from the Synergy battery. Neoen also has a permit to expand that facility. All are designed to soak up excess solar in the middle of the day and store it for the evening peak. Some of the batteries have already secured contracts to ensure the capacity is available, and tenders have been rolled out for another round of contracts. The urgency is accelerating. A report prepared by EY to advise the market operator on its new 10-year demand and supply forecast – reportedly suggests that the state’s largest private coal plant, Bluewater, could close as early as 2026. The state government intends to close the last of its state owned coal generators at Collie before the end of the decade. ..."

All of PJM’s top 10 days for solar generation have occurred within the last two months, though renewables remain a fraction of the grid's total power mix. NYISO predicts resource shortage by 2026. #energytransition #rto #renewables

The world is witnessing an extraordinary surge in solar power. In 2023 alone, 447 GW of new solar PV capacity was deployed, an 87% increase year on year. As hydropower and wind have struggled in recent years, solar has become the renewables growth leader. It accounted for 78% of all new renewable capacity added last year. Solar’s rapid growth, driven by technological advancements, robust policy support, and the global demand for clean, adaptable energy, is reshaping the global energy landscape. However, despite this rapid rise, challenges remain. Solar power’s intermittency, market oversupply of PV modules, and infrastructure constraints must be addressed to sustain the momentum. Key to overcoming these hurdles are: • Advanced battery storage technologies • Grid modernisation • International cooperation, not trade wars We look closer at solar’s irresistible rise and the challenges ahead in this week’s edition of The Commodity Perspective. Keep your eye out for that and let us know your thoughts in the comments below. #solar #solarpower #renewables #energytrading #commodities

Great quick read! In 2000, renewables accounted for only 19% of global electricity generation, primarily from hydropower (which has remained stable since then while solar and wind power have expanded by a remarkable 23% last year alone, despite market challenges). #energyevolution

Battery Energy Storage System (BESS) technology could substantially decrease the expense of curtailing wind energy production in the UK, potentially reducing costs by up to 80%. Analysis indicates that the practice of firing up gas power plants in England and Wales while shutting down wind farms in Scotland cost billpayers £920 million (US$1.17 billion) in 2023. #growth #investment #Battery #batteryenergystorage #renewables #RenewableEnergy #SustainableFuture #solarenergy #solarpower #renewables #renewableenergy #investment #cleanenergy #cleanelectricity #greenenergy #greenpower #innovation #greeneconomy #greenbusiness #greenfuture #decarbonisation #netzero #change #batterystorage #batterytechnology #electricity #battery  #netzero

I’m happy to share Vestas’ submission for the Australian Energy Market Commission’s Draft Rule that aims to improve investment certainty in the pre-connection registered data (R1) process. Vestas’ submission offers feasible alternatives to increase transparency and predictability on how the Network Service Providers and the Australian Energy Market Operator will proceed on the assessment of the R1 process to achieve the main objective of this Rule Change, enabling a reliable and cost-effective integration of renewable energy into the network. According to the AEMC’s project schedule (https://lnkd.in/gb4T6WRh), the next step will be the publication of the final decision by 6 June 2024. #Vestas, #AEMC, #AEMO, #energytransition, #wind, #CEC, #renewables, #energypolicy, #energyregulation Dr Ragu Balanathan, Ram Raghuraman

Wood Mackenzie’s power modelling shows, China’s power sector carbon emissions will peak in 2027, three years earlier than the nation’s 2030 peak carbon target. According to our latest research, ‘China power market report 2024’, a total of US$1.2 trillion will be invested in #wind, #solar, and storage deployment over the next decade, 90% of which will come from #renewables. The annual power demand growth nationwide averages 5% to 2030, driven by electrification, high-tech manufacturing, datacenters, and strong residential and commercial demand growth. Renewables deployment has been accelerating since the 2060 carbon neutrality goal announcement. The share of renewable generation will rise from 30% in 2023 to 46% in 2030, and 64% in 2050. As China transitions to a hybrid power market system, wind and solar developers will closely scrutinise both revenue and curtailment issues. Find out more about country-level power landscape and dynamics in China power market report 2024 by emailing us at contactus@woodmac.com or comment below.

#Netzero by 2030 ambitious but achievable. If we expand #renewables capacity swiftly and significantly. National Energy System Operator’s Clean Power 2030 report maps out action required for 100% renewables grid by the end of the decade. 💡 Doubling #onshorewind from 13 GW to 27 GW and tripling #solar from 15 GW to 47 GW 🛠️ Upgrading grid at 4x the pace of the past decade ✏️ Reforming policy to speed up grid connections 🤝 Strengthening supply chains for #cleanenergy infrastructure Let’s work together to make the switch from fossil fuels to #renewables.

Wood Mackenzie’s power modelling shows, China’s power sector carbon emissions will peak in 2027, three years earlier than the nation’s 2030 peak carbon target. According to our latest research, ‘China power market report 2024’, a total of US$1.2 trillion will be invested in #wind, #solar, and storage deployment over the next decade, 90% of which will come from #renewables. The annual power demand growth nationwide averages 5% to 2030, driven by electrification, high-tech manufacturing, datacenters, and strong residential and commercial demand growth. Renewables deployment has been accelerating since the 2060 carbon neutrality goal announcement. The share of renewable generation will rise from 30% in 2023 to 46% in 2030, and 64% in 2050. As China transitions to a hybrid power market system, wind and solar developers will closely scrutinise both revenue and curtailment issues. Find out more about country-level power landscape and dynamics in China power market report 2024 by emailing us at contactus@woodmac.com or comment below.