Domain: reneweconomy.com.au
Stories and comments across the archive that link to reneweconomy.com.au.
Stories · 4
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Tesla's Giant Battery In Australia Reduced Grid Service Cost By 90 Percent (electrek.co)
An anonymous reader quotes a report from Electrek: Tesla's giant Powerpack battery in Australia has been in operation for about 6 months now and we are just starting to discover the magnitude of its impact on the local energy market. A new report now shows that it reduced the cost of the grid service that it performs by 90% and it has already taken a majority share of the market. It is so efficient that it reportedly should have made around $1 million in just a few days in January, but Tesla complained last month that they are not being paid correctly because the system doesn't account for how fast Tesla's Powerpacks start discharging their power into the grid.
The system is basically a victim of its own efficiency, which the Australian Energy Market Operator confirmed is much more rapid, accurate and valuable than a conventional steam turbine in a report published last month. Now McKinsey and Co partner Godart van Gendt presented new data at the Australian Energy Week conference in Melbourne this week and claimed that Tesla's battery has now taken over 55% of the frequency control and ancillary services (FCAS) services and reduced cost by 90%. "In the first four months of operations of the Hornsdale Power Reserve (the official name of the Tesla big battery, owned and operated by Neoen), the frequency ancillary services prices went down by 90 percent, so that's 9-0 per cent," said Gendt via Reneweconomy. "And the 100MW battery has achieved over 55 percent of the FCAS revenues in South Australia. So it's 2 percent of the capacity in South Australia achieving 55 percent of the revenues in South Australia." -
Tesla Big Battery Outsmarts Lumbering Coal Units After Loy Yang Trips (reneweconomy.com.au)
The Tesla big battery is having a crucial impact on Australia's electricity market, far beyond the South Australia grid where it was expected to time shift a small amount of wind energy and provide network services and emergency back-up in case of a major problem. From a report: Last Thursday, one of the biggest coal units in Australia, Loy Yang A 3, tripped without warning at 1.59am, with the sudden loss of 560MW and causing a slump in frequency on the network. What happened next has stunned electricity industry insiders and given food for thought over the near to medium term future of the grid, such was the rapid response of the Tesla big battery to an event that happened nearly 1,000km away. Even before the Loy Yang A unit had finished tripping, the 100MW/129MWh had responded, injecting 7.3MW into the network to help arrest a slump in frequency that had fallen below 49.80Hertz. -
Germany Sets New National Record With 85 Percent of Its Electricity Sourced From Renewables (digitaltrends.com)
Germany was able to set a new national record for the last weekend of April with 85 percent of all electricity consumed in the country being produced from renewables -- wind, solar, biomass, and hydroelectric power. Digital Trends reports: Aided by a seasonal combination of windy but sunny weather, during that weekend the majority of Germany's coal-fired power stations weren't even operating, while nuclear power stations (which the country plans to phase out by the year 2022) were massively reduced in output. To be clear, this is impressive even by Germany's progressive standards. By comparison, in March just over 40 percent of all electricity consumed in the country came from renewable sources. However, while the end-of-April weekend was an aberration, the hope is that it won't be for too much longer. According to Patrick Graichen of the country's sustainability-focused Agora Energiewende Initiative, German renewable energy percentages in the mid-80s should be "completely normal" by the year 2030. -
Will Electric Cars and Solar Power Make Gasoline and Utilities Obsolete?
cartechboy writes "Since the dawn of time (or modern civilization) two things have happened: utility companies have made money by selling us electricity, and oil companies make money by selling us gasoline. But is it possible we are on the verge of upsetting this status quo? Tony Seba, an entrepreneur and lecturer at Standford University, is writing a book in which he essentially predicts electric cars and solar power will make gasoline and utilities obsolete by 2030. How, you might ask? In his book, titled Disrupting Energy: How Silicon Valley Is Making Coal, Nuclear, Oil And Gas Obsolete, he predicts that as people buy electric cars the interest in clean energy will increase because who wouldn't want 'free travel'? Combining the use of solar panels and electric cars, consumers would be able to do just that. The miles electric cars travel on grid energy stored in their batteries eliminates the demand for gasoline, and it turns out many electric-car owners have solar panels on their homes while eliminates or dramatically reduces their dependence on utilities. So as the amount of electric cars on the road increases, the cost of both solar panels electric-car battery packs will decrease, right?"