Pumped hydro storage can be used to help build a secure and cheap Australian electricity grid with 100 per cent renewable energy, a new Australian National University study has found.
Lead researcher Professor Andrew Blakers from ANU’s Research School of Engineering said the zero-emissions grid would mainly rely on wind and solar photovoltaic (PV) technology, with support from pumped hydro storage, and would eliminate Australia’s need for coal and gas-fired power.
“With Australia wrestling with how to secure its energy supply, we’ve found we can make the switch to affordable and reliable clean power,” Professor Blakers said.
He said wind and solar PV electricity provided nearly all new generation capacity in Australia and half the world’s new generation capacity each year.
At present, renewable energy accounts for around 15 per cent of Australia’s electricity generation while two thirds comes from coal-fired power stations.
“However, most existing coal and gas stations will retire over the next 15 years, and it will be cheaper to replace them with wind and solar PV,” he said.
The ANU research considers the potential benefits of using hydro power energy storage, where water is pumped uphill and stored to generate electricity on demand.
“Pumped hydro energy storage is 97 per cent of all storage worldwide, and can be used to support high levels of solar PV and wind,” Professor Blakers said.
Professor Blakers said the cost of a 100 per cent stabilised renewable electricity system would be around AU$75/MWh, which is cheaper than coal and gas-fuelled power.
ANU is leading a study to map potential short-term off-river pumped hydro energy storage (STORES) sites that could support a much greater share of renewable energy in the grid.
With $449,000 from the Australian Renewable Energy Agency (ARENA), ANU is partnering with ElectraNet and VTara Energy Group to conduct the Atlas of Pumped Hydro Energy Storage Study and develop a cost model for STORES.