facebook

INDUSTRY NEWS

22
Nov

Energy Storage One of Australia’s “Big Opportunities” Finkel

Australia’s chief scientist, Alan Finkel, has named battery and energy storage as one of Australia’s biggest economic and innovation opportunities as the electricity grid shifts to renewable energy generation and consumer expectations evolve.

In his delivery of the Zunz Lecture at Sydney’s Powerhouse Museum on Thursday night, Finkel said energy storage was “one of the big opportunities” he saw on Australia’s horizon; and one of the questions the National Electricity Market review would have to consider.

“While the NEM has served us well, it is nevertheless under pressure from technologies and expectations that are a giant leap from what existed when it was designed,” he said in a speech titled Electric Future: Wiring for Progress.

Finkel said energy storage of all types – including batteries, pumped hydroelectricity and potentially even hydrogen storage – would be the focus of the first in series of new “horizon-scanning reports” commissioned by the Commonwealth Science Council, in an effort to gain insight into the scope of the opportunities presented by the burgeoning sector.

australia-scientist

Australia’s Chief Scientist Dr Alan Finkel

“With good will and time on our side, electricity generation can be decarbonised. Whether it’s hydroelectric dams, or solar and wind, there are many viable technology paths to cutting emissions,” Finkel said.

“There are challenges in bringing them online, but over time, the solutions will come – just as we have learned to harness new technologies before. Our electricity generation mix is changing, and will continue to change. Ultimately, it is the market and the science that will decide.”

Read More

LATEST ARTICLES

Solar farm

How can Europe find its’ place within the solar-plus-storage-market?

  Will Europe succeed in developing Solar-Plus-Storage Market? It definitely will, and much will depend on subsidy-free solar projects.  As the global front-of-the-meter (FTM) solar-plus-storage market in 2018 showed fabulous results, 2019 promises to be hugely more successful.  Although many prosperous countries like the USA, South Korea and Australia already deployed more than 540 megawatts…

Read More

Carbon Proton Battery

Carbon Proton Battery Stores As Much Energy As Lithium Battery In Lab Tests

“Will anything match lithium-ion batteries for energy density?” is a frequently repeated question. It’s certainly not in the cards in the next few years. But the research coming out of Australia’s RIMT University in Melbourne says that one day, it’s possible – with a carbon proton battery. The research team have designed and built a…

Read More

energy storage industry news

Would you like to receive energy storage industry news, free powerpoint presentations and opinion articles from our team?

YESand if I don't like it I will unsubscribe! MAYBE LATERI am busy now thinking all things energy storage
Download Programme