According to The Australian Financial Review, Australia's fast-moving transition towards renewable energy has driven an explosion of interest in grid-scale battery projects nationwide but their wide-scale deployment is expected to require changes in regulation and market rules to ascribe value to the services they can deliver.
Battery proponents point to the ability of large-scale storage not only to provide grid balancing and smoothing services much more quickly and accurately than coal and gas plants, but to act as peaking power plants, replace the need to augment interstate transmission lines and help unlock new renewable energy resources.
Consultancy Rystad Energy has identified about 7000 megawatts of storage projects – either pumped hydro or battery – that have been proposed so far this year around the country.
If you want to read this article in Japanese, please see the following link:
Subscribe to our English Newsletter