One of Australia’s biggest energy challenges is building sufficient long duration energy storage (LDES) to meet market needs for dispatchable power, while also supporting net zero goals.
This challenge will become more urgent as Australia’s coal-fired power stations approach their end of life and close.
But do Australian regulations support the cost-effective clean energy solutions available?
How compressed air can ensure clean, reliable energy
Denison Gas is at the forefront of tackling the LDES challenge by progressing a first of its kind project to repurpose a depleted gas field into compressed air energy storage (CAES) facility.
The renewable energy project is designed to leverage existing infrastructure, unique geology within the Bowen Basin and Central Queensland’s abundant sun to deliver a 600 MW, 12-hour CAES facility.