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Waratah Super Battery. The project is set to begin the commissioning process, Akaysha Energy said. Image: Akaysha Energy

Modo: BESS in Australia’s NEM see revenues drop 7% in January despite Queensland’s surge

February 20, 2025
Modo Energy has said that revenue for BESS in Australia’s NEM fell by 7% month-on-month in January, despite revenue tripling in Queensland.
Genex Power's Bouldercombe BESS project (pictured) suffered a 'minor' fire during commissioning but has since come online. Image: Genex Power.

BESS revenues in Australia’s NEM up 45% year-on-year in 2024, says Modo

February 11, 2025
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.
Waratah Super Battery. Image: Akaysha Energy.
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Modo: ‘Big question mark’ over large-scale BESS commissioning schedules in Australia’s NEM

February 10, 2025
Modo Energy’s Wendel Hortop tells Energy-Storage.news that over 4GW of utility-scale BESS on the NEM will be in commercial operation by 2025.

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