New investment to electrify Australian ports
The Australian maritime sector will move a step closer to decarbonisation thanks to a $70 million investment from the Clean Energy Finance Corporation (CEFC). The
ESSOP has explored two ways in which ports can minimize their energy costs by using energy storage: • Optimising how to use PV solar generation to offset grid electricity. The wholesale price of energy varies every half-hour, and on a time-of-day tariff this variation is passed onto users.
2030 generation costs: To meet Australia's target of 82% renewable energy by 2030, the electricity cost is estimated to be about $91 per megawatt-hour (MWh) when transmission is included, or $81/MWh for generation alone.
Housed in durable shipping containers, our systems are engineered to meet the growing demand for renewable integration, backup power, and off-grid energy supply. Why Choose a Container Energy Storage System? All-in-One Power Solution – Integrated battery storage, inverter systems, and control units in one secure container.
Electrification is a pathway to lower emissions and reduced costs. “This is a milestone project as we take early steps towards the electrification of Australian ports, beginning in South Australia. “This innovative partnership will enhance these ports and help support local jobs and industries.”
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