Australian energy major AGL has seen its 1,000MWh Liddell battery energy storage system (BESS) in New South Wales (NSW) enter AEMO’s Market Management System.
The US battery storage market is in a rapid growth phase and becoming increasingly competitive, creating an increasing need for sophisticated technologies and a deeper understanding of markets.
There is “no shortage of investor appetite” and policy support is in place, but there are still some barriers to energy storage deployment on the scale needed to decarbonise Australia’s energy sector.