The Australian report Comparison of dispatchable renewable electricity options does the very useful service of quantifying the energy storage landscape in dollars and cents. It reaches many interesting conclusions, not the least of which is that hydrogen, and by explicit extension, ammonia, is the key option for long-cycle storage. And while the study’s focus is Australia, “with costs in AUD and based on Australian conditions,” its lead author says that “much of the information and many of its findings are expected to hold independent of jurisdiction.”
One of Ammonia Energy’s “top ten” stories of 2017 described Australia’s early steps toward export of renewable hydrogen in the form of green ammonia. The story said that “Agencies such as the Australian Renewable Energy Agency (ARENA) made it clear during the year that the country intends to build on [its historical] position” as a supplier of fossil energy to countries such as Japan.
ARENA took a tangible step in this direction on December 20, 2017 with the release of a Request for Proposal for a AUD$20 million (USD$16 million) renewable hydrogen R&D funding program. Included in the scope, per ARENA’s 2017 Investment Plan, could be “demonstration of renewable production methods for transportable energy storage options (such as hydrogen or ammonia).”