May 17 (Renewables Now) - The Australian Renewable Energy Agency (ARENA) on Wednesday unveiled a AUD-7-million (USD 5.3m/EUR 4.5m) funding initiative to see how renewable and supporting technologies such as batteries can provide grid stability and security services.
The agency is looking to support projects focused on system strength provision, frequency control ancillary services (FCAS), fast frequency response (FFR), inertia provision and measurement and other services that may improve system security.
According to ARENA chief executive Ivor Frischknecht, demonstrating that clean energy sources can stabilise fluctuations in frequency and voltage could help open the door to more renewables capacity additions to the grid.
"By reducing the need for thermal generation to keep the system stable, the cost of energy will reduce over time," he said.
The initiative follows two ARENA-funded projects in this field -- a successful trial of FCAS at the Hornsdale wind farm in South Australia, and an ongoing trial at Musselroe wind farm in Tasmania.
(AUD 1 = USD 0.752/EUR 0.638)