Month: September 2023

Advanced Composite Structures Australia (ACS Australia) has partnered with Carnegie Clean Energy together as participants of the Blue Economy Cooperative Research Centre (Blue Economy CRC) to develop the future of renewable energy power generation using the untapped wave energy source of the world’s oceans. Wave energy is consistent, predictable and globally distributed, and can be converted into clean, renewable electricity. For offshore aquaculture, the use of wave energy means less reliance on conventional fuels and a chance to decarbonise operations in remote locations, like barges. Ocean Energy Europe (OEE) forecasts significant growth for wave energy with a $1.09Tn market potential by 2050. Carnegie Clean Energy, based in North Fremantle, Western Australia, develops ocean energy technologies including their wave energy converter (WEC), the CETO® targeting utility-scale power, and artificial intelligence wave predictor technology to capture the most energy out of every wave. Together with Blue Economy CRC partners, they are developing the next generation of wave energy converters, and the key to this development is the Mooring Tensioner Wave Energy Converter (MoTWEC). The ACS Australia team members are composites specialists responsible for the engineering design,…

Leading renewable energy developer ACEnergy is setting its sights on a portfolio of distribution scale Battery Energy Storage Systems (BESS) as it seeks to expand its project range and support regional communities. The company is also calling for industry collaboration to introduce reforms that will expedite the rollout of renewable energy projects that are critical to the transition to net zero. ACEnergy has assembled an expert team across the development value chain; from land acquisition to grid connection and operation and maintenance, and often holds the assets it develops for the long term. This approach means ACEnergy becomes part of the communities in which it operates, working with local suppliers and providing job opportunities to local people. The initial 50MW/100MWh distribution battery portfolio is currently undergoing planning studies, with sites selected across Victoria and NSW. ACEnergy intends to retain ownership and operate the assets over their life. ACEnergy has picked locations where BESS can work in concert with local grid demand. By coordinating their operation according to the local network demand profile, the distributed BESS will increase network capacity, alleviating curtailment…