redT energy and Monash University have announced the official launch of a 1MWh redT energy storage system installation at the Clayton campus, which will contribute to achieving Monash’s net zero emissions goal by 2030.
redT’s energy storage infrastructure forms a key part of the university’s pioneering Microgrid project, which will demonstrate the viability of a 100 per cent renewable electricity system through a wide range of distributed energy resources.
The new redT system will balance out the renewable energy sources generating valuable services to meet demand across the campus, while also providing valuable balancing services to the Australian Energy Market Operator (AEMO).
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Australia is fast becoming a global renewable energy powerhouse, with figures estimating that this year, renewables are being deployed in Australia almost five times faster than the USA, four times faster than China and well over twice the rate of the UK on a per capita basis.
However, this fundamental shift towards renewable energy is creating its own challenges at the network level, with a growing need to balance supply and reduce volatility in order to continue Australia’s energy transition.
Energy storage will play a key role in solving these future challenges and the Monash Microgrid is a prime example of how distributed, zero carbon precincts can accelerate Australia’s progress towards a 100 per cent renewable future.
The redT installation at Monash University is currently the largest commercial energy storage installation in Australia and the first ‘hybrid’ energy storage system, combining both vanadium redox flow and lithium-ion technology together, to come online globally.
redT’s vanadium redox flow technology is a form of non-degrading energy storage, which is well suited to heavy use applications alongside renewables and in commercial environments.
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The technology has its origins in Australia, with the first patent for the design coming out of the University of New South Wales in 1986 prior to further development and commercialisation by companies including redT energy. This project is the first large scale deployment of this technology in its home country.
Scott McGregor, CEO at redT and Monash University alumnus said, “We are proud to bring an Australian invented technology back home. Infrastructure energy storage, which harnesses cheap renewable energy and supports the grid network, is crucial to the coming Australian energy revolution which will bring clean, low cost, secure energy to all Australians”.
Monash University Deputy Vice-Chancellor and Vice President (Enterprise) Ken Sloan said the milestone is a crucial step towards achieving the university’s net zero emissions target and its ambitious campus sustainability goals.
“Through innovative partnerships like this one, we are addressing and scaling the transition of energy into new models and markets, which are both environmentally responsible and affordable,” he said.