The venture-capital-style returns once available in Australia have disappeared, according to panellists at the Battery Asset Management Summit Australia 2026.
Octopus Australia has referred the Blackstone battery energy storage system (BESS), a 500MW/2,000MWh standalone facility, to Australia’s federal government for assessment under the Environment Protection and Biodiversity Conservation (EPBC) Act.
A roundup of user-posted analysis, views and unofficial news from across the industry this past week, this time looking at this week’s sabotage attack on the German grid, BESS revenues and electricity market activity, CATL’s LFP price cut and various non-lithium news.
Energy Vault has completed the acquisition of the underlying project land for its 125MW/1,000MWh Stoney Creek battery energy storage system (BESS) in northern New South Wales, Australia.