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.
