Australia runs a great risk of failing to meet its ambitious but achievable renewable energy goals, writes Stephanie Bashir, CEO of Nexa Advisory, who explains why utility-scale energy storage is among the crucial tools in the country’s energy transition toolkit.

The newest ancillary services product in Australia’s National Electricity Market (NEM) has been forecast to offer “significantly higher” revenues than other opportunities for battery storage.

Akaysha Energy took Final Investment Decision (FID) on Queensland BESS, while another of its projects has achieved key grid code compliance.

Three utility-scale long-duration energy storage (LDES) projects have been selected for contract awards in a tender held on behalf of the state of New South Wales, Australia.

Work has begun on a 600MW/1,600MWh BESS by the State Electricity Commission (SEC), an entity owned by the Australian state of Victoria.

Copenhagen Infrastructure Partners (CIP) has embarked on the first of several planned large-scale battery energy storage system (BESS) projects in Australia.

The Australian government’s start of competitive tenders for dispatchable renewable energy capacity backed with energy storage is an unprecedented step for national energy policy.

Genex Power has brought into full commercial operation its 50MW/100MWh Bouldercombe battery project in Queensland, Australia.

US-headquartered developer Pacific Green Technologies has scouted a potential site for another large-scale battery project in Australia.

Renewable energy and energy storage developer Akaysha Energy will soon begin construction on a 150MW/300MWh battery storage project in Queensland, Australia.