Battery storage equipped with optimisation platforms not specifically designed for Australia’s NEM missed revenue opportunities during the 10 October price spike, according to Sahand Karimi, co-founder and CEO of OptiGrid.
Battery storage can turn record-high instances of negative spot pricing in Australia’s National Electricity Market (NEM) into investment opportunities.
Oil & gas major TotalEnergies and Canadian Solar have received key state-level approvals for large-scale solar PV-plus-energy storage projects in New South Wales, Australia.