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Energy Storage Newsabout 2 months ago

‘You need to be co-located with battery storage’: Wärtsilä sees DC-coupling as essential for Australia’s solar future

Key Takeaway

DC-coupled solar-battery hybrids offer significant efficiency and cost advantages, making them a critical technology for developers and IPPs seeking to optimize renewable energy projects and secure competitive PPAs.

AI Summary

  • Wärtsilä advocates for DC-coupled solar-battery hybrid systems as essential for Australia's future energy landscape, highlighting their superior efficiency and integration benefits.
  • DC-coupling reduces conversion losses and optimizes the sizing of inverters and other balance-of-plant components, leading to lower CAPEX and OPEX for hybrid projects.
  • This technology enables more efficient energy dispatch, better revenue stacking from energy arbitrage and ancillary services, and improved grid stability, making hybrid projects more attractive to developers and IPPs.
  • The push for DC-coupling suggests a market trend towards integrated solutions that maximize the value of renewable energy assets, potentially leading to more competitive PPAs for large power consumers.

Topics

emissionsfinancingoempolicyppasolarstorage