Research to better unlock the potential of battery technologies has been given a vital funding boost as part of the latest round of the
The work, led by The
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
Dr
'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,'
'The specific methods we are developing include methods for forecasting market prices and for forecasting extreme events, including extreme weather events and other events affecting the power grid or power generation resulting in severe and immediate impact on the power market.'
ECI Director Professor
'We're very pleased to have established this new collaboration between
'For example, back in February,
'These examples, along with earlier funding rounds, show the strength of the connections between the
As part of their winning bid,
'We're excited about this collaboration which combines the University's battery storage and grid integration research capabilities with
'We hope it results in outcomes which can benefit the ACT's big battery and provide a meaningful contribution to the advancement of knowledge in this high growth sector.'
'Our partnership will bolster ties between industry and academia and enable cross fertilisation between the best of academia and the best of industry,' she said.
'It is important, now more than ever, that industry and academia join forces and build a pathway towards a zero emissions society.
'I would also like to thank the ACT Government for the leading role they have played in setting-up the reverse auctions process and in doing so, motivating partnerships between research organisations and renewable energy companies.'
(C) 2020 Electronic News Publishing, source