Battery Bonanza Is Being Sparked by Coal’s Exit in Australia

Tue, 4 Apr 2023 06:22:26 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
https://archive.md/5kgWK

"Australia’s rapid shift from coal-fired power to cleaner alternatives is
underwriting a boom in battery projects able to store solar and wind energy.

The country has at least 250 planned battery developments with a potential
capacity of almost 130,000 megawatt-hours, a pipeline that’s second only to
China, data compiled by BloombergNEF show. While Australia still relies on
coal for more than half of its electricity generation, many major plants are
set to close in the next decade.

“Operating a reliable low-carbon power system means that energy storage is
imperative,” and investments are becoming “more urgent” as proposals to shutter
coal assets accelerate, said Tim Jordan, commissioner of the Australian Energy
Market Commission, the government’s adviser on energy policy."

Via Future Crunch:
<https://futurecrunch.com/good-news-maternal-mortality-high-seas-atlantic-forest/>

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

Comment via email

Home E-Mail Sponsors Index Search About Us