Renewables plus batteries could offer Australia’s National Energy Market (NEM) the same energy security and reliability as coal and gas generators, according to a new report commissioned by The Australia Institute, a think tank in Canberra.
South Australia’s hot water virtual power plant (VPP) trial is one of the most interesting renewable energy projects in Australia right now. Officially called the Rheem Active Hot Water Control project, the test funded by the South Australian Government and Australian Renewable Energy Agency seeks to store excess solar electricity using thousands of electric hot water systems. This includes excess electricity that is self-generated, and excess energy from the grid.
It’s come to this. The Australian Energy Markets Commission has produced a draft decision that will make households and small businesses with solar panels pay to inject their surplus production into the grid. It suggests an annual charge of about $100 per solar-connected household.
The transition to clean energy is well underway in Australia and around the world as countries make net zero commitments, finance for coal dries up, and climate change realities force governments and corporations to take meaningful action for a cleaner future.
It’s as if our power system has become a jigsaw with the immovable pieces provided by the wind and the sun. It’s our job to fill in the gaps.
To some extent, as the Prime Minister says, gas will be a transition fuel, able to fill gaps in a way that coal cannot. But gas has become expensive, and batteries are being installed everywhere.
Many Australians with an interest in solar find the dynamics between batteries and feed-in tariffs confusing. This is completely normal. After all, it’s true starting a solar installation project can be a little intimidating. Yes, getting a solar installation done can be great – but it’s hard to know where to start. That’s why now is a great time to look at the relationship between batteries and feed-in tariffs in Australia.
Australian scientists have achieved a new breakthrough in carbon capture and storage. Their novel electrochemical process can store carbon dioxide in water with the power of solar or wind, while also producing by-products such as green hydrogen and calcium carbonate – perhaps the key to decarbonizing the cement industry.