dispatch and settlement

Tesla-Neoen's Hornsdale Power Reserve BESS was delivered in just 100 days from contracting to execution, in 2017. Since then projects on a similar or larger scale have become increasingly common. Image: Neoen / Tesla.

Australia’s shortened electricity market settlement period to open up opportunities for batteries

July 9, 2020
The Australian Energy Market Commission (AEMC) announced today that five minute settlement windows for spot prices in the National Electricity Market (NEM) will be implemented from 21 October 2021.

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