On day one of the Energy Storage Summit Australia 2025, the audience heard that although 2 to 4-hour duration battery energy storage systems (BESS) are favourable, longer durations are starting to challenge this.
Solar PV developer Lightsource bp has started construction on two solar-plus-storage projects in Queensland and New South Wales, Australia, following success in the first tender of the Capacity Investment Scheme (CIS).
A 1,200MWh solar-plus-storage twin project is set to be developed in North Queensland, Australia, after success in the recent Capacity Investment Scheme (CIS) tender.
With the opening of the Capacity Investment Scheme (CIS) tender 3 in Australia last Wednesday (13 November), one major question from the state allocations presented in the market briefing was why Queensland had been granted no capacity.
Victoria, Australia, has secured the largest allocation of dispatchable power in the upcoming Capacity Investment Scheme (CIS), with 1.7GW/6.8GWh for energy storage.
Australia’s energy minister, Chris Bowen, confirmed yesterday (21 October) that the government is seeking around 4GW of dispatchable power, such as energy storage, and 6GW of renewable energy generation in the next Capital Investment Scheme (CIS) tender round.
Frontier Energy will pursue alternative funding solutions after missing out on Reserve Capacity Credits (RCCs) from the AEMO for its 360MWh Waroona Renewable Energy Hub in Western Australia.
