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A panel discussion on Day One of the Energy Storage Summit Australia 2024. Image: Solar Media
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Evolving front-of-the-meter battery storage revenues in Australia’s NEM

May 23, 2024
The revenue stack accessible to front-of-the-meter (FTM) battery storage in Australia’s National Electricity Market (NEM) is evolving, as the market dynamics evolve.
The five Australian states in the NEM show a higher degree of price volatility by far than nearly 40 other markets, Rystad Energy said. Image: Rystad Energy.
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Australia’s NEM: Urgent need for energy storage in ‘world’s most volatile electricity market’

October 25, 2023
Australia’s National Electricity Market (NEM) has been handed the title of “most volatile electricity market” in the world, with an urgent need for energy storage to mitigate that volatility.
powin energy anthony carroll

‘Urgent need’ for Australia to invest in long-duration energy storage, says AEMO

February 21, 2023
Australia has an “urgent need” for long-duration energy storage, along with new generation resources and transmission infrastructure.
An existing Enel X commercial-scale battery storage project in Massachusetts, US. Image: Enel X.

Enel X in 5MWh battery storage pilot for Australian shopping centres

January 9, 2023
Enel X will pilot battery storage systems at two shopping centres in Australia with commercial real estate group Vicinity Centres.
vanadium redox flow battery energy storage mustang vanadium M&A cellcube bushveld

Vanadium flow battery partners sign agreement to develop gigafactory in Australia

November 24, 2022
CellCube and North Harbour Clean Energy in talks to build factory in Australia with 1GW/8GWh annual production capacity.
edify energy bess nsw

ARENA funding enables New South Wales battery project to meet 300MWh ambition

July 11, 2022
Newly announced funding support from ARENA is enabling the expansion of a planned large-scale battery project in New South Wales.
wecc leyline

Quinbrook plans ‘Supernode’ energy & data hub in Australia with 2GWh battery storage

July 8, 2022
Quinbrook developing A$2.5 billion ‘Supernode’ site in Queensland for storing energy and data that would include 2,000MWh of battery storage.
A solar and battery project Gannawarra, Victoria, completed in 2018 with some support from ARENA. Image: ARENA.

Australian large-scale battery projects compete for ARENA funding support

July 6, 2022
Nearly A$4 billion (US$2.72 billion) of battery projects in Australia are in the running to receive financial support from ARENA.
Forecasted NEM capacity to 2050 under AEMO’s Step Change scenario. Source: AEMO.

Australia’s National Electricity Market ‘needs 46GW/640GWh of dispatchable energy storage by 2050’

July 1, 2022
As the role of coal declines and ends in Australia’s NEM, huge growth in dispatchable energy storage capacity will be needed in the mix.
FCAS services remain the biggest revenue stream for most BESS assets in Australia, like the Hornsdale Power Reserve (pictured). Image: Neoen.

Hornsdale Power Reserve issued with penalty for failure to deliver contingency services

June 29, 2022
Hornsdale Power Reserve in South Australia has been fined for breaching National Electricity Rules over a three month period in 2019.  

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