Australian energy major AGL Energy disclosed in its half-year results that it intends to make a final investment decision (FID) over the next 18 months for 1.4GW of utility-scale battery energy storage systems (BESS).
Modo Energy has said that battery energy storage systems (BESS) in Australia’s National Electricity Market (NEM) earned an average of AU$148,000/MW (US$92,810/MW) in 2024, a 45% increase year-on-year.
Potentia Energy, a joint venture co-owned by Enel Green Power and INPEX, is set to secure several battery energy storage system (BESS) assets across Australia as part of a 1.2GW portfolio acquisition.
A 450MW wind-plus-storage project in Tasmania, featuring a battery energy storage system (BESS) with a capacity of 200-400MWh, has been submitted for approval under the Australian government’s Environment Protection and Biodiversity Conservation (EPBC) Act.
Renewable energy developer Ampyr Australia has secured Shell Energy Australia’s remaining stake in the 1GWh Wellington battery energy storage system (BESS) in New South Wales.