A report by CSIRO has found that large-scale BESS capital costs have improved the most in 2024-25, falling by 20% year-on-year (YoY).

On Friday (4 October), the US Department of Energy (DOE) announced Australia as an international collaborator on its Long Duration Storage Shot initiative.

National science agency CSIRO has said Australia needs multiple energy storage technologies at massive scale to achieve its transition.

Australia’s ‘peak national body’ representing transmission and distribution organisations in both electricity and gas, Energy Networks Australia (ENA), has pushed for a more consistent approach to grid connections of solar PV and battery storage by issuing a set of guidelines.

Distributed energy technologies such as solar and battery-based energy storage could save Australia AU$101 billion (US$75 billion) by 2050 and completely eliminate greenhouse gas emissions, according to a new report from CSIRO and Energy Networks Australia (ENA).

Sydney-based lead-acid energy storage specialist Ecoult has secured AU$4.1 million (US$3.13 million) recoupable funding from the Australian Renewable Energy Agency (ARENA) to develop and commericalise its UltraBattery products.

Australia-based Ecoult has been selected by German developer Freqcon to install its UltraBattery lead-acid ultracapacitor hybrid for energy storage at South Dublin’s Tallaght Smart Grid Testbed.

A new report from Australia identifying gaps in safety practices for energy storage technologies has recommended that improving knowledge of safety hazards and renovating standards is essential to the storage industry’s integrity and future growth.