Vena Energy has signed a long-term revenue share agreement with Danish energy trading company InCommodities for its 204MW/510MWh Bellambi Heights battery energy storage system (BESS) in Central West New South Wales, Australia.
A collaborative team of Australian scientists from CSIRO, the University of Melbourne and the Royal Melbourne Institute of Technology (RMIT) has successfully developed and tested the world’s first proof-of-concept quantum battery system.
“When we started back in two years ago, there was a lack of understanding in the market about how the grid-forming inverters operate,” said Ghasem Jahedi, principal grid engineer at AGL.
Australia’s battery energy storage sector faces mounting operational pressures, following the Australian Energy Market Operator (AEMO) issuing its latest direction to AGL’s Torrens Island battery energy storage system (BESS) on 9 March.
Global long-duration energy storage (LDES) deployment figures soared in 2025, but newer technologies risk being outcompeted by the incumbent, lithium-ion (Li-ion).