ZEN Energy’s 138MW/330MWh Templers battery storage project in South Australia has broken ground after clearing the grid connection approval process in ‘record time,’ according to technology provider Sungrow.
The revenue stack accessible to front-of-the-meter (FTM) battery storage in Australia’s National Electricity Market (NEM) is evolving, as the market dynamics evolve.
Australian energy minister Chris Bowen has said tenders for 500MW of renewable energy backed with energy storage will open in the middle of this year in Western Australia (WA).
Equis Australia and the State Electricity Commission have secured AU$400 million in financing for their Melbourne Renewable Energy Hub (MREH) battery storage project.
Australia runs a great risk of failing to meet its ambitious but achievable renewable energy goals, writes Stephanie Bashir, CEO of Nexa Advisory, who explains why utility-scale energy storage is among the crucial tools in the country’s energy transition toolkit.
The newest ancillary services product in Australia’s National Electricity Market (NEM) has been forecast to offer “significantly higher” revenues than other opportunities for battery storage.
Three utility-scale long-duration energy storage (LDES) projects have been selected for contract awards in a tender held on behalf of the state of New South Wales, Australia.