The Monash University in Melbourne, Australia, is home to the world’s first 1MWh vanadium flow / lithium-ion hybrid energy storage system.
The project owner, redT energy, said that the system is the largest behind the meter C&I (Commercial & Industrial) energy storage system to be installed in Australia and the first of its type to be commissioned worldwide.
Comprising 900kWh (12 tank units) of vanadium flow machine technology, coupled alongside a 120kW C1-rated lithium battery, the system is located on the roof of the University’s new Biomedical Learning and Teaching Building at Monash’s largest campus in Clayton, Victoria.
redT’s energy storage solution sits at the heart of a pioneering microgrid, storing and dispatching energy from multiple sources, including 1MW of solar panels.
By utilising the complementary strengths of two storage technologies, the hybrid system will act as a flexible platform, integrating with building management systems and EV charging stations whilst enabling cutting-edge “peer-to-pool” energy trading.
This project is a core part of the University’s Net Zero Initiative, an ambitious, unprecedented project which aims to completely transform how the university uses energy with a target of reaching net zero carbon emissions by 2030.
The Australian energy storage market is estimated to be worth approximately AUS $30 billion by 2030 with almost 400MWh of energy storage projects estimated to be installed in behind-the-meter C&I applications nationwide by 2022.
According to Scott Ferraro, programme director, Net Zero Initiative, Monash University
“We’re very happy to be working with redT on this exciting project. redT’s energy storage infrastructure is one of the core components of the microgrid being developed as part of our Net Zero Initiative, enabling us to dispatch renewable energy more effectively across the campus and help achieve our goal of net zero emissions by 2030.”
Scott McGregor, CEO of redT: “Energy storage unlocking low-cost renewables will bring about a significant reduction in energy costs for Australian businesses. Monash University is leading the market with this pioneering project and we are proud to provide their integrated energy storage solution. This project will demonstrate the economic benefits of Lithium as a short-term power solution alongside Flow Machine technology which acts as heavy duty, baseload energy storage infrastructure, capturing more solar energy to reduce overall energy costs.”
This article was published on our sister website Smart Energy International.
Visit Australian Utility Week at the Melbourne Convention Centre, 21-22 November 2018, for more on the future of energy storage down under.