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Showing 11 - 20 of 23 results for "National Electricity Market"

ARENA announces $100m funding round for grid-scale batteries

RACHEL ALEMBAKIS  |  THURSDAY, 30 DEC 2021  |  NEWS
... to $100 million funding to new battery energy storage projects of 70 MW or larger operating in the National Electricity Market or Western Australia's Wholesale Electricity Market. The funding round is expected to support at least three projects, with ...

ARENA to provide finance for pumped hydro facility

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 MAR 2021  |  NEWS
... be pumped back from the lower reservoir to the upper reservoir using electricity imported from the National Electricity Market (NEM). Genex also has approval for up to $610 million in concessional debt finance from the Northern Australia Infrastructure ...

CEFC backs project to bring Tesla Powerwall to SA social housing

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 SEP 2020  |  NEWS
... Default Market Offer in South Australia, CEFC noted. Excess energy will be available for sale to the National Electricity Market, creating an additional revenue stream for the SA VPP, while also providing wholesale energy and ancillary services to support ...

ARENA grants additional funding for Monash Uni renewables study

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUL 2020  |  NEWS
... Outcomes and outputs from the study will be applicable to other Renewable Energy Zones across the National Electricity Market, such as the Central West Orana Renewable Energy Zone in NSW. AEMO has highlighted a number of technical issues affecting renewable-generation ...

Genex Power closes $192 million certified green debt funding package

RACHEL ALEMBAKIS  |  FRIDAY, 20 DEC 2019  |  NEWS
... entity. When completed, Genex Power will sell the power generated at the Jemalong Solar Project into the National Electricity Market (NEM) at spot price, allowing JSP to collect revenue in the form of the sale of electricity and the sale of Large-scale ...

CEFC, ARENA commit up to $58m for Hornsdale Power Reserve

RACHEL ALEMBAKIS  |  THURSDAY, 21 NOV 2019  |  NEWS
... extended across the grid to improve security." This is the first project financing of a stand-along National Electricity Market-connected battery in the Australian market, the CEFC pointed out. Neoen estimates the Hornsdale Power Reserve, which uses ...

CEFC commits $35 million to finance expansion of intelliHUB

RACHEL ALEMBAKIS  |  FRIDAY, 6 JUL 2018  |  NEWS
... Qld, which all have a battery storage component. "There are some 9 million metering points in the National Electricity Market. By accelerating their conversion to smarter technologies, customers will benefit from more meaningful information relating ...

ARENA grants $18m to Queensland combined wind, solar, storage project

RACHEL ALEMBAKIS  |  FRIDAY, 14 OCT 2016  |  NEWS
... MW/4 MWh battery storage. The project is intended to sell around-the-clock renewable energy into the national electricity market, said ARENA CEO Ivor Frischknecht. "Wind will generate power throughout the day and night, while solar ramps up during peak ...

ARENA funds expansion of Doomadgee Solar Farm

RACHEL ALEMBAKIS  |  FRIDAY, 15 AUG 2014  |  NEWS
... working with suppliers to deliver renewable energy options for communities that are not connected to the National Electricity Market on the east coast, or the South West Interconnected System in Western Australia," Frischknecht said. "This project will ...

AGL installs first solar panels at Nyngan solar plant

RACHEL ALEMBAKIS  |  FRIDAY, 1 AUG 2014  |  NEWS
... like the Nyngan Solar Plant, is increasing the proportion of zero carbon emission generation in the national electricity market." Developing large-scale solar is "vital" to a diverse energy future in Australia, and "makes good economic sense in Australia ...