redT installs Australia’s largest behind the meter energy storage system
redT is pleased to announce that its 1MWh vanadium flow / lithium-ion hybrid energy storage system is now installed and operational at a site in Melbourne, Australia.
Situated at Monash University, 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 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.
Monash University is the largest in Australia and the first to commit to a target of net zero carbon emissions by 2030. redT’s innovative technology sits at the heart of a cutting edge energy system, providing a flexible platform that integrates with the university’s state of the art building management systems, electric vehicle charging stations and innovative energy sharing and trading mechanisms.
Watch the video to find out more about this ambitious project
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.
News of this installation follows recent predictions that the global energy storage market will grow to $1.2trn by 2040 and that Australia will lead this growth.
The Australian energy storage market is estimated to be worth approximately AUS $30bn 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 industry consultants Delta-ee.
Although Australia still relies mainly on coal, renewable energy now makes up about 19 percent of power generation and forecasts predict this jumping to 74 percent by 2040.
Australia’s grid is largely geared to transmitting power from coal-fired plants. New solar and wind farms require effective energy storage solutions to take the strain off of the grid.
Our partnership with Monash University demonstrates the economic benefits of decentralised, flexible, energy storage infrastructure solutions at C&I scale. To be doing so in Australia – a key territory with an abundance of solar potential and increasingly decentralised energy network – shows how our technology can unlock cheap, reliable, renewable energy generation on a global scale.
Clayton Campus sees an average of 55,000 visitors per day with energy needs equivalent to those of a small town’s, much of which is supplied by the University’s solar park.