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Energy storage

This Month

Australia could be one of the world’s most exposed countries to the escalating fuel crisis, according to Morgan Stanley analysts.

Morgan Stanley says Australia at ‘front of the queue’ for oil hit

The Wall Street investment bank’s strategists have told clients that an extended conflict in the Middle East could have an outsized hit to earning on the ASX.

Trina Solar has withdrawn its development application for a battery project in Queensland.

Another renewable energy project in Queensland falls into strife

A Chinese solar company has scrapped its proposal after significant opposition from a regional community.

A reduction in green charges is behind the proposed reduction in regulated electricity tariffs in Victoria.

Power prices improve but experts warn it’s not likely to last

Average household electricity bills are set to drop 3 per cent on July 1 under a draft ruling, but the end of the federal energy bill subsidy means spending on power will still rise.

Cars queue for petrol in Sydney as some people panic-buy due to fears of shortages or price increases.

RETRACTION: We could run out of fuel – and our reserves are overseas

The Australian Financial Review has retracted this article because the author’s claim that a “significant portion of Australia’s strategic fuel reserve is held offshore, largely in the United States” was factually incorrect.

Queensland’s planning minister could make the final call on Iberdrola’s big battery energy storage system proposed for Bundaberg.

Third big battery Queensland is considering for the chop

The state’s planning minister will have the final say on a series of large-scale battery projects that were headed for court appeals.

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February

Akaysha Energy’s Waratah Super Battery on the NSW Central Coast will rank among the biggest batteries in the world.

Waratah Super Battery faces longer delay in test for NSW grid

NSW’s flagship energy storage project won’t be fully online until late this year, eating into payments due to BlackRock-owned Akaysha Energy.

The vacant lot at the heart of Labor’s battery manufacturing dream

An empty field at an old coal-fired power station is all that remains of plans to build a high-tech battery manufacturing hub in Queensland.

The KKR deal will help fund an expansion of the Victorian Big Battery near Geelong.

KKR deal ‘validates HMC’s transition strategy’: Di Pilla

HMC chief executive David Di Pilla said a $603 million commitment from KKR means the energy transition fund won’t need more equity for two to three years.

Octopus packages up wind, solar and battery storage to offer round-the-clock clean electricity in competition with coal power.

Octopus strikes deals for $3.3b battery outlay

The acquisition of projects Queensland includes one set to be the country’s biggest battery, as NSW kicks off its largest rollout of big batteries.

Australia is a world leader in the uptake of rooftop solar, with more than 4 million dwellings connected.

Home batteries smash records, but households miss out on extra dollars

Many Australians are not getting the full value of their solar and storage because they are not confident about signing up to virtual power plant programs.

Industry Minister Tim Ayres pictured on December 10 last year, days before he involuntarily became a Canadian citizen.

Labor raises risk and slashes profit targets for $5b Net Zero Fund

Industry Minister Tim Ayres has slashed the target rate of return for the new Net Zero Fund, exposing taxpayers to more risk.

Canada provides a great case study for SMRs: Darlington Nuclear Generating Station, in Clarington, Ontario.

We need gas and small nuclear to power AI data centres

There are two things we can do rapidly and easily to expedite new sources of replacement baseload power as coal closes.

January

Larry Fink, chief executive officer of Blackrock: “You cannot rely solely on intermittent sources like wind and solar. You need dispatchable power, because these data centres cannot simply turn on and off.”

Listen to Larry Fink: Data centres can’t run on renewables only

AI needs dispatchable power. But so do large industrial users. In Australia, that means keeping coal for much longer. And that’s before we even talk nuclear.

Giant 7.2-megawatt Vestas wind turbines will be used  for hte first time in Australia at Tilt Renewables’ Palmer wind farm in South Australia.

Turbine giant Vestas bullish about prospects for wind-farm renaissance

A string of approvals and final investment decisions after a year-long pause in new projects has the industry more optimistic about meeting government targets.

December 2025

Capital costs for onshore wind are down about 5 per cent this financial year, according to CSIRO, after a hike of 35 per cent during the pandemic-impacted 2022-23 financial year.

Billions in wind farm commitments finally get sluggish pipeline moving

A string of commitments over the last week will lead to projects that can power 400,000 homes getting off the ground. But big challenges remain, industry says.

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Offshore wind may not be the most economic technology to include in Australia’s 2050 generation mix, the CSIRO report found.

Nuclear, offshore wind still more costly by 2050: CSIRO

Relying on solar power and onshore wind for new generation should provide the lowest-cost mix of technologies for 2030 and 2050, the science agency has found.

Electricity prices contributed to a surge in overall prices as energy rebates came to an end.

Renewables go-slow shatters hopes for lower power prices

Households are likely to face higher power bills over the next 10 years because the pace of the clean energy build-out is too slow.

Data centre construction will be a major drag on the Albanese government’s climate goals.

Data centres put brakes on Labor’s emissions goals

Explosive data centre power demand proposals have forced the Albanese government to downgrade its electricity sector emissions reduction forecasts.

Industry Minister Tim Ayres.

Labor to let $15b National Reconstruction Fund make riskier plays

None of the projects the NRF has invested in have been in low-emissions technologies, one of seven priority areas for the fund.

November 2025

An aerial view of wind turbines in Port Augusta, South Australia.

Snowy Hydro inks deals to drive renewables expansion

Contracts to buy wind power and battery capacity should move two major projects in South Australia and Victoria closer to construction.