Australian renewable energy developer Edify Energy has secured project financing for three battery energy storage system (BESS) projects in New South Wales totalling 150MW/300MWh.
Australia’s first new large-scale pumped hydro energy storage (PHES) plant in nearly 40 years is being built in Queensland and the state’s government is now exploring options for more.
Alongside its many benefits, growing deployments of energy storage will pose complex challenges around availability of data and resource planning for grid and distribution network operators.