Western Australia’s Economic Regulation Authority has set the peak and flexible benchmark reserve capacity prices (BRCPs) at AU$360,700/MW (US$224,898/MW) annually from 2027-28.
Solar PV developer Lightsource bp has started construction on two solar-plus-storage projects in Queensland and New South Wales, Australia, following success in the first tender of the Capacity Investment Scheme (CIS).
Research firm Wood Mackenzie has found that daily price volatility from renewables on Australia’s National Electricity Market (NEM) supports a stronger battery revenue outlook.
The first Capacity Investment Scheme (CIS) tender round in Australia successfully awarded 3.5GWh of co-located battery energy storage systems (BESS) as renewables-plus-storage projects.
The US battery storage market is in a rapid growth phase and becoming increasingly competitive, creating an increasing need for sophisticated technologies and a deeper understanding of markets.
Australia-based investor Quinbrook Infrastructure Partners has submitted plans to the federal government for a 750MW battery energy storage system (BESS) co-located with a proposed polysilicon plant in Townsville, Queensland.
Australia’s Queensland government is set for crunch talks with Queensland Hydro to “save” the 2GW/48GWh Borumba pumped hydro energy storage (PHES) project, with its cost having increased to AU$18 billion (US$11.5 billion) and been delayed by three years.
Western Australia’s GreenTech Hub, dedicated to supporting emerging green technologies, will explore advanced energy storage systems as its first challenge.
Energy-Storage.news proudly presents our sponsored webinar with Greensolver, on the role of asset management for battery energy storage systems (BESS) in Europe.
Developer Squadron Energy is seeking to build an 8-hour duration 1,200MWh battery energy storage system (BESS) in New South Wales, Australia, co-located with a 300MW wind project.