ARENA To Fund Abengoa, Western Australia

By Joseph R. Fonseca
Sunday, June 01, 2014
ARENA Funding

 

ARENA today announced $450,000 funding for Abengoa to conduct a feasibility study into a solar thermal power station in remote Western Australia.

ARENA CEO Ivor Frischknecht said the study will look into constructing a 20 MWe plant in Perenjori, connected to the South West Interconnected System (SWIS) electricity grid. “The solar thermal tower and a molten-salt energy storage system could supply power to a mining operation and the remote community of Perenjori.

“Importantly, Abengoa is considering elements of CSIRO’s solar thermal technology, which was developed with ARENA support. It’s another example of how ARENA invests across the innovation chain to bring emerging Australian technologies towards commercialisation,” Mr Frischknecht said.

Mr Frischknecht said it was a great opportunity for Australia, with Abengoa’s proven track record of delivering large-scale solar thermal plants overseas. “The choice of Perenjori is consistent with the research conducted in the ARENA-funded ‘Breaking the Solar Gridlock’ study that shows solar thermal could eliminate the need for network augmentation in more than 70% of the cases examined.

“The site has a world-class solar resource and end-of-grid connection of a solar thermal power plant with storage would provide significant network benefits. Storage will allow the plant to generate electricity when needed and match evening peak demand on the SWIS. The project has the potential to uncover valuable learning for future solar thermal projects.

“In particular, the study will assess CSIRO’s heliostat technology for commercial scale solar thermal and supply chain opportunities, which could lead to significant cost reductions,” Mr Frischknecht said.

The plant would involve a large field of heliostat reflectors concentrating sunlight to a receiver at the top of a tower. The project would generate up to 100 GWh of electricity each year, enough to power the equivalent of over 15,000 Australian homes. Results from the study are expected to be delivered in April 2015.
 

Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

LNG-fueled Box Ship a 'Momentous Step Forward'

On Saturday, August 29, 2015, the world’s first series of energy efficient containerships welcomed its second LNG-powered vessel in San Diego, fueling the U.S.

MarineCFO Unveils Endurance Software

Capitalizing on its 2013 acquisition by software firm VerticaLive, MarineCFO has announced a Fall 2015 introduction of Endurance, a cloud version of the MarineCFO Enterprise Solution.

Nominations Invited for BIMCO Awards

BIMCO, the world’s largest international shipping association is now calling for nominations for its prestigious awards, to be presented in Hamburg in November 2015.

Contracts

TEN Charters Tanker at 20% Premium

Tsakos Energy Navigation Limited announces two-year charter renewal at a 20 percent premium to prior contract reflecting strong tanker market fundamental, oil price

Japanese Sub Pitch puts off Australian Firms

Japan had been seen as frontrunner for Australian submarine deal, but Australian defence firms unhappy after talks with Japan. A Japanese consortium eyeing a A$50 billion ($35.

Traders Scramble for Caribbean Crude Storage

Demand for crude storage in the Caribbean, one of the world's most important oil hubs, is rising as producers and traders try to ride out the worst price crash

New Products

Latest ShipConstructor Update Targets Offshore

With the release of ShipConstructor 2016 R1.1, SSI said it provides additional enhancement for the offshore rig construction market, particularly with regards to weld management.

MarineCFO Unveils Endurance Software

Capitalizing on its 2013 acquisition by software firm VerticaLive, MarineCFO has announced a Fall 2015 introduction of Endurance, a cloud version of the MarineCFO Enterprise Solution.

G E Shipping Takes Delivery of Bulker

The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of a new building Kamsarmax Dry Bulk Carrier “Jag Aakash” (81,600 dwt). The vessel was ordered

Finance

TEN Charters Tanker at 20% Premium

Tsakos Energy Navigation Limited announces two-year charter renewal at a 20 percent premium to prior contract reflecting strong tanker market fundamental, oil price

Brent Crude Falls More than 7 Percent

Brent crude futures tumbled more than 7 percent on Tuesday, falling back below $50 a barrel as data highlighting China's contracting manufacturing sector revived

Gunvor Emerges as Winner in Rosneft's Jumbo Oil Tender

Trading house Gunvor, which has been selling assets in Russia, has again emerged as the winner of a semi-annual Rosneft tender, traders said on Tuesday.   They said Gunvor would lift from 200,

Environmental

MN: Corvus Energy

The Company: Corvus is a manufacturer of proven, high power Energy Storage Systems (ESS). Its field proven battery systems provide power to hybrid and fully electric marine propulsion systems.

LNG-fueled Box Ship a 'Momentous Step Forward'

On Saturday, August 29, 2015, the world’s first series of energy efficient containerships welcomed its second LNG-powered vessel in San Diego, fueling the U.S.

Liam Means Business for Shipping Cluster

Enterprising student Liam Finch has been putting his summer days to good use by working on an important survey for the Isle of Man Shipping Association (IOMSA).

Energy

Nigeria Ramps up Push to Eradicate Oil Theft

Nigerian authorities hope to put an end to rampant oil theft in eight months by increasing drone and naval monitoring of territorial waters and working with local communities,

MN: Corvus Energy

The Company: Corvus is a manufacturer of proven, high power Energy Storage Systems (ESS). Its field proven battery systems provide power to hybrid and fully electric marine propulsion systems.

Brent Crude Falls More than 7 Percent

Brent crude futures tumbled more than 7 percent on Tuesday, falling back below $50 a barrel as data highlighting China's contracting manufacturing sector revived

News

Latest ShipConstructor Update Targets Offshore

With the release of ShipConstructor 2016 R1.1, SSI said it provides additional enhancement for the offshore rig construction market, particularly with regards to weld management.

Runaway Crane Barge Sinks on the Mississippi

The U.S. Coast Guard is working with a team of responders to recover a runaway crane barge that sunk near Convent on the Mississippi River.   The crane barge

Joe Pyne Joins DHT Holdings’ Board of Directors

Crude oil shipper DHT Holdings, Inc. announced today that it has appointed Joseph H. Pyne to its board of directors, expanding the board from three to four independent directors.

 
 
Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 1.8759 sec (1 req/sec)