Australia runs a great risk of failing to meet its ambitious but achievable renewable energy goals, writes Stephanie Bashir, CEO of Nexa Advisory, who explains why utility-scale energy storage is among the crucial tools in the country’s energy transition toolkit.

The newest ancillary services product in Australia’s National Electricity Market (NEM) has been forecast to offer “significantly higher” revenues than other opportunities for battery storage.

Genex Power has brought into full commercial operation its 50MW/100MWh Bouldercombe battery project in Queensland, Australia.

Renewable energy and energy storage developer Akaysha Energy will soon begin construction on a 150MW/300MWh battery storage project in Queensland, Australia.  

Among highlights of All-Energy Australia were announcements from major players including Sungrow, Ingeteam and Hithium.

Proposed new ancillary service market rules could adversely impact business case for battery storage, Cornwall Insight Australia says.

Enel X will pilot battery storage systems at two shopping centres in Australia with commercial real estate group Vicinity Centres.

Approval granted in Australia for the first battery storage project to share grid connection point with an existing generation asset in National Electricity Market.

New large-scale battery storage in Australia will increase competition and put downward pressure on costs of ancillary services.

Hornsdale Power Reserve battery storage system in South Australia now has upgraded capabilities, enabling it to provide inertia to the grid.