Coal’s Cheap electricity during the daytime could become a reality in South Australia, thanks to a uniquely flexible deal signed with US firm SolarReserve, whose 150MW solar tower with molten salt storage project – known as Aurora - looks set to beat coal and gas at their own game. Aurora's high storage levels make it an ideal dispatchable, base-cost renewable, while the deal inked allows SolarReserve to sell power at peak times to third parties. The agreement is part of a broader push by state governments across Australia towards renewable energy targets, which are expected to be met through increased use of rooftop solar, wind farms and other forms of clean energy.
Cheap electricity during the daytime could become a reality in South Australia, thanks to a uniquely flexible deal signed with US firm SolarReserve, whose 150MW solar tower with molten salt storage project – known as Aurora - looks set to beat coal and gas at their own game. Aurora's high storage levels make it an ideal dispatchable, base-cost renewable, while the deal inked allows SolarReserve to sell power at peak times to third parties. The agreement is part of a broader push by state governments across Australia towards renewable energy targets, which are expected to be met through increased use of rooftop solar, wind farms and other forms of clean energy.