Energy-Storage.news’ Post

The Victorian Government has announced that the state’s second largest #BESS (battery energy storage system) has now opened, with the capacity to power 80,000 homes for an hour during peak periods. Eku Energy and Shell Energy’s 200MW/400MWh Rangebank BESS is located in Cranbourne and will play a crucial role in helping stabilise Victoria’s #electricitysupply by providing additional storage capacity which can be discharged at times of peak demand. Victorian Minister for Energy and Resources, Lily D’Ambrosio MP, said “Our nation-leading renewable #energystorage targets provide certainty and underpin confidence as we deliver the infrastructure our state needs to continue to drive us forward.” Victorian Member for Cranbourne, Pauline Richards, said, “The firm capacity delivered by our energy storage targets will provide reliable, affordable and #zeroemissions energy to support our communities and families.” 

Australia's New South Wales government has approved plans for a 500MW/2,000MWh battery energy storage system (BESS) being developed by energy generator-retailer EnergyAustralia. #energystorage

Battery energy storage developer Eku Energy has completed the construction of the second-largest battery energy storage system (BESS) in the Australian state of Victoria. #energystorage

The clean energy transition in the Australian state of New South Wales (NSW) is ramping up with the state government providing planning approval for a second 2 GWh battery energy storage system in as many days. The post New South Wales provides green light for second 2 GWh battery in two days appeared first on Energy Storage. #energystorage #news #technology

Australian energy major AGL Energy has received approval from the New South Wales government for its 500MW/2,000MWh Tomago battery energy storage system (BESS). #energystorage

Via ESN: " UK confirms cap-and-floor mechanism for long-duration energy storage from 2025: The UK has confirmed a new scheme aiming to stimulate investment in the country’s long-duration energy storage (LDES) sector. " #EnergyStorage #Energy #BatteryStorage

Via Utility Dive: " New York offers $5M for long-duration storage; Central Hudson issues 10-MW storage RFP: The developments highlight New York’s push to facilitate up to 6 GW of energy storage capacity by 2030. " #Energy #Utility #Utilities

Edwardsburgh-Cardinal in Ontario is set to host Canada’s largest battery energy storage facility, a development led by Toronto-based Potentia Renewables Inc.. This 390-megawatt project, part of a wider initiative by Ontario’s Independent Electricity System Operator (IESO) Electricity System Operator, aims to enhance the province's electrical grid. Scheduled to begin construction in 2026 and operational by 2027, the facility represents a significant step towards augmenting Ontario’s clean energy capabilities. This effort aligns with broader goals to meet escalating electricity demands, facilitating a transition to sustainable energy sources and supporting the region’s economic growth and environmental objectives. #Microgrids #RenewableEnergy #SustainableEnergy #EnergyStorage #SmartGrids #GreenEnergy #EnergyInnovation #ResilientInfrastructure #energy #power #electricalengineering #virtualpower #vpp #IESO

This RenewEconomy article addresses a key barrier for the widespread rollout of longer-duration energy storage (and other forms of low-carbon firming assets). The optimal energy mix to meet Australia's emission reduction targets contains a critical portion of longer-duration energy storage (4 hours and more), which can be delivered by a suite of options as illustrated in Australian Energy Market Operator (AEMO)'s latest Integrated System plan. However, the current market mechanisms do not give the correct economic incentives for investors/operators to build these assets, as they would be loss-making. Therefore, there is a serious risk for Australia of missing its emission reduction targets and/or ending up with a suboptimal energy system costing a lot more than it should while delivering a lot less than it should... Through the publications of articles like these, hopefully it helps to inform on what has to be done, i.e. to have a good look at how to adapt the energy markets as for their economic signals to align with our long-term objectives.

The CPUC has proposed the procurement of over 10GW of new energy resources, including 1GW of multi-day long-duration energy storage (LDES) and another 1GW of 12-hour-plus LDES. #energystorage