Eku Energy and Valent Energy have recorded separate milestones in their respective expansions of battery energy storage systems (BESS) in Australia.

Hamilton Locke partner Matt Baumgurtel warns of a seismic shift as distributed energy resources with “zero marginal cost” emerge.

3.6GWh of solar-plus-storage developments have progressed in Australia this week, with Edify Energy partnering with DT Infrastructure and Flow Power acquiring a 60MW project.

NSW concludes Australia’s largest LDES tender, awarding six battery projects 12GWh. Industry calls it “game-changer” for grid reliability.

The NSW government has declared two pumped hydro projects totalling 22,000MWh of storage capacity as critical infrastructure.

Three large-scale BESS with a combined capacity of 720MW have been submitted for federal assessment under Australia’s EPBC Act.

Australia’s Waratah Super Battery has been hit with a “catastrophic” failure at one of its transformers, reducing the project’s capacity.

The Victoria government in Australia has approved a 300MW/1,200MWh BESS in Gippsland and a 332MW solar PV power plant with integrated storage in the state’s northeast region.

South Australia has officially opened its inaugural Firm Energy Reliability Mechanism (FERM) tender round, seeking up to 700MW of long-duration energy storage (LDES) capacity to enhance grid reliability and support the state’s renewable energy transition.

On 10 October, electricity prices in New South Wales, Australia, reached the Market Price Cap of AU$20,300/MWh (US$13,307/MWh).