A boost for investment in battery energy storage in much of Australia is strongly expected to come from 1 October onwards, when new National Electricity Market (NEM) rules come into effect.
Renewable energy company Maoneng has made public its plans for a 240MWp / 480MWh battery energy storage system (BESS) which it has proposed to build in Victoria, Australia.
Smart software and artificial intelligence can forecast everything from how much electricity will be generated and when it will be generated, to the right strategies for putting that electricity into different market opportunities. Energy-Storage.news speaks with Matt Penfold, VP of business development for digital at Fluence, about how the company has added 1.5GW to its portfolio of renewables and storage under management in Australia’s National Electricity Market (NEM).
Australia’s ‘peak national body’ representing transmission and distribution organisations in both electricity and gas, Energy Networks Australia (ENA), has pushed for a more consistent approach to grid connections of solar PV and battery storage by issuing a set of guidelines.
The “devil is in the detail” when it comes to making regulatory changes in the US to open up wholesale markets for energy storage to participate in, a regional chief of regulator FERC has said.
Australian large-scale renewables investor Lyon Group has confirmed it is selling three projects under development, totalling 800MWh of energy storage and 545MW of PV generation capacity, in Queensland, Victoria and South Australia.
Distribution network operators in parts of Australia could be restricted from owning or operating energy storage assets, in a measure proposed by the Australian Energy Market Commission (AEMC) to stimulate the market for behind-the-meter batteries.
One of Australia’s energy market regulators has put out a lengthy document detailing the potential impact of introducing five minute settlement into the electricity spot market, which would likely favour flexible resources such as energy storage.
