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 former prime minister of Australia, Malcolm Turnbull, delivered a keynote speech to open the second day of the Energy Storage Summit Australia 2024.

There is “no shortage of investor appetite” and policy support is in place, but there are still some barriers to energy storage deployment on the scale needed to decarbonise Australia’s energy sector.

Energy-Storage.news speaks with Danny Lu of Powin about some of the system integrator’s thoughts on the Australia market and delivery of the Waratah Super Battery.

Battery storage project development costs will continue to fall in 2024 as lithium costs decline “significantly,” according to BMI Research.

The Australian federal government’s 2024-2025 budget includes a major investment in clean energy manufacturing and an energy bill rebate for households.

The state of Queensland, Australia, has committed to investing AU$448 million into battery storage technology at a coal power plant.

Battery energy storage system (BESS) integrator and manufacturer Powin Energy will get “priority access” to cells from Rept Battero’s new factory in Indonesia.

Australia’s energy storage sector has seen trio of significant announcements around major battery energy storage system (BESS) projects.

US-headquartered battery storage system integrator Powin Energy has signed a 12GWh cell supply agreement with Chinese battery maker REPT Battero.