The power of battery storage recharged with cash splash

Image: Pixabay - Research to better unlock the potential of battery technologies has been given a vital funding boost as part of the latest round of the Australian Capital Territory's renewable energy reverse auction. The work, led by The Australian National University (ANU), will help enhance the use of large-scale battery storage both in the ACT and globally. Battery storage technology enables power operators and utilities to store renewable energy for later use. The funding will be used to develop methods for better managing large-scale battery storage and renewable energy generating assets such as wind or solar farms. The $225,000 three-year collaboration with Neoen Australia is part of the company's local investment commitment which will co-fund a postdoctoral research position in the Battery Storage and Grid Integration Program, part of the Energy Change Institute (ECI). Dr Marnie Shaw, Research Leader in the program, said the research would see benefits beyond the ACT. "Our work will benefit large-scale battery storage worldwide, both in terms of integrating more renewable energy as well as for creating a lucrative industry around energy storage," Dr Shaw said.