redT 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.
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.
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.
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