The Australian government has announced the results of Capacity Investment Scheme (CIS) Tender 8, selecting 15 battery energy storage projects across the National Electricity Market (NEM), totalling 4.2GW/16.1GWh.
Battery energy storage systems (BESS) have emerged as the defining feature of Australia’s Capacity Investment Scheme (CIS) Tender 7, with 2GW/7.9GWh of co-located energy storage successful.
Australia has emerged as the world’s third-largest utility-scale battery energy storage market, with 4.3GW of large-scale battery storage systems reaching financial close in 2025.