Vena Energy has signed a long-term revenue share agreement with Danish energy trading company InCommodities for its 204MW/510MWh Bellambi Heights battery energy storage system (BESS) in Central West New South Wales, Australia.

A collaborative team of Australian scientists from CSIRO, the University of Melbourne and the Royal Melbourne Institute of Technology (RMIT) has successfully developed and tested the world’s first proof-of-concept quantum battery system.

“When we started back in two years ago, there was a lack of understanding in the market about how the grid-forming inverters operate,” said Ghasem Jahedi, principal grid engineer at AGL.

Australia’s New South Wales now requires 56GWh of storage by 2030, amounting to 40% more than projected just six months ago.

Professor Tim Nelson has urged energy storage developers and market participants to actively engage in implementing sweeping market reforms.

A joint venture between TotalEnergies and Eren Groupe has submitted a 6GWh solar-plus-storage project for environmental approval in Australia’s Northern Territory (NT).

Hamilton Locke partner Matt Baumgurtel warns of a seismic shift as distributed energy resources with “zero marginal cost” emerge.

Australia’s MGA Thermal has secured AU$17 million (US$12 million) in new investment for its long-duration thermal energy storage technology as it enters the commercial scale-up phase.

Australia’s battery energy storage sector faces mounting operational pressures, following the Australian Energy Market Operator (AEMO) issuing its latest direction to AGL’s Torrens Island battery energy storage system (BESS) on 9 March.

Octopus Australia has broken ground on the 486MWh Blind Creek Solar Farm and Battery site in New South Wales (NSW).