Energy storage owner-operator BW ESS has submitted an application under Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act for a 1,600MWh battery energy storage system (BESS) in New South Wales (NSW).
Origin Energy has begun generating revenue from the initial stage of the Supernode and the Eraring Stage 1 battery storage projects, located in Queensland and New South Wales, Australia.
Battery energy storage projects have emerged as the dominant force in Australia’s energy investment landscape, accounting for 46% of the nation’s 64GW development pipeline, according to the Australian Energy Market Operator’s (AEMO) latest quarterly report.
Long-duration energy storage (LDES) developer-operator Hydrostor has announced a strategic technology and equity agreement with energy infrastructure equipment manufacturer Baker Hughes.
South Australia’s battery storage fleet entered a 4-hour AU$1,000/MWh (US$700/MWh) price event at around 90% state of charge during the Australia Day heatwave.
Australian mining giant Fortescue has claimed to have secured large-scale battery storage at pricing levels not previously seen in Australia, according to CEO Dino Otranto.
Sahand Karimi and Henry Swisher of OptiGrid examine the two primary metrics used to evaluate the performance of battery storage trading: normalised revenue and percentage of perfect capture rate.