- Press Releases
August 10 (Renewables Now) - MGA Thermal Pty Ltd has been awarded AUD 1.27 million (USD 885,000/EUR 865,000) in funding from the Australian government’s Australian Renewable Energy Agency (ARENA) to back a 5-MWh pilot demonstrating its thermal energy storage technology, it was announced today.
The project, worth a total of AUD 2.85 million, will demonstrate the generation of steam from stored thermal energy. To be located at the company’s head office and manufacturing facility near Newcastle in News South Wales, the prototype will showcase charging and discharging of up to 500 kW.
MGA Thermal uses Miscibility Gap Alloy (MGA) blocks that can store heat for periods from hours to days.
ARENA chief executive Darren Miller said the technology has great potential to support the uptake of renewables.
“With potential deployments for industrial heating end uses, MGA Thermal could play a valuable role in decarbonising both the electricity grid and heavy industry, which often requires high temperature heat and steam for their manufacturing needs,” Miller further said.
(AUD 1 = USD 0.697/EUR 0.681)