Australia’s battery capacity will double this year as major projects come online, heightening pressure on the country’s fossil fuel power generators that are struggling to compete against soaring renewable energy generation.
With many large-scale projects set to be operational, utility-scale battery capacity will top 1.1 GW by the second half of 2022, Rystad expects. The surge in grid-scale battery capacity will intensify pressure on Australia’s coal power generators that are already struggling to compete against cheaper renewable energy.
The financial strain has already forced some coal-powered plants to close, and many others have announced a timetable to follow suit. AEMO expects coal-fired power generators will have exited the NEM substantially by 2030 and entirely by 2043,The decline of coal has stoked concern within some quarters about the social and economic impact on regional mining communities.
Fake news! Coal is being used all around the world. Greenies want everyone except for themselves to be poor. China doesn’t play your game. They don’t answer to the religion of the woke.
Good that will power a city for 5 minutes now🥸
In the past week, the maximum battery supply to the NEM grid was 0.5% of total demand ~ 22,700 MW at 7.30 PM, 5th Feb The battery supply lasted about 30 minutes... Double it, triple it...🤣 NEM requires 20 GWh overnight...Coal + Gas supplies up to 80% now...🤔 Wind...Intermittent
2min supply to 4min supply?