Sunshine Hydro and Zen Energy Collaborate on Innovative Sustainable Energy Strategy in Queensland
Key Ideas
- Sunshine Hydro and Zen Energy have signed an MoU to develop a 24/7 Sustainable Energy Strategy for large consumers in Queensland, combining pumped hydro storage with green hydrogen production.
- The agreement aims to provide baseload supply matched to local renewable sources every hour of every day, exceeding the reliability of Australia's current coal plants.
- Assets under the plan include pumped hydro capacity, hydrogen electrolysers, energy storage, a green methanol plant, a peaker plant, wind and solar power purchase agreements, with operations expected to start in 2031.
- Zen Energy's expanding portfolio includes a PPA with Enel Green Power Australia's Quorn Park Hybrid Project and plans for a 1GW pumped hydro project to support the transition to renewable energy as coal plants phase out.
Sunshine Hydro and Zen Energy have entered into a partnership to develop a groundbreaking sustainable energy strategy in Queensland, Australia. The collaboration aims to integrate pumped hydro energy storage with green hydrogen production to create a reliable 24/7 energy supply for large consumers. This initiative involves utilizing Sunshine Hydro's advanced energy storage optimization program, Aesop, to design hybrid generation assets such as pumped hydro and big batteries. The agreement focuses on ensuring a high level of reliability, surpassing that of Australia's existing coal plants, by matching baseload supply with local renewable sources every hour of every day.
The key assets of the project include the Djandori Gung-i Superhybrid clean energy project at Miriam Vale, which will feature pumped hydro capacity and hydrogen electrolysers. Additionally, the collaboration will incorporate 11 GWh of energy storage, a green methanol plant, a peaker plant, and significant wind and solar power purchase agreements. The partners aim to commence the delivery of renewable energy in 2031.
Zen Energy's recent initiatives include a PPA with Enel Green Power Australia for the Quorn Park Hybrid Project and plans for a 1GW pumped hydro project. These efforts align with the company's vision to support the transition to renewable energy and contribute to Australia's development as a renewable energy superpower. By investing in innovative green energy solutions, the partnership between Sunshine Hydro and Zen Energy marks a significant step towards a sustainable energy future in the region.
Topics
Utilities
Renewable Energy
Energy Storage
Power Purchase Agreement
Green Industries
Green Fuel
Renewable Grid
24/7 Supply
Pumped Hydro
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