OptiGrid, an Australian battery optimisation and trading intelligence platform, has partnered with Acacia Energy to accelerate the deployment of battery storage for commercial and industrial (C&I) customers.
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.