03 June, 2015

ARENA banks on renewable energy paying dividends


T

ARENA CEO,
Ivor Frischknecht.
he Australian Renewable Energy Agency (ARENA) today announced $1.4 million support for the University of Adelaide to develop an online Australian energy storage knowledge bank and build a mobile energy storage test facility.

ARENA CEO Ivor Frischknecht said the collaborative project led by the University of Adelaide was an important next step for energy storage development and would build on other efforts already underway.

“Reliable, cost effective storage has a vital role to play in smoothing out energy supply and increasing the amount of renewable energy used in Australia,” Mr Frischknecht said.

Read the ARENA release - “Banking on renewable energy storage”.

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