On day one of the Energy Storage Summit Australia 2025, the audience heard that although 2 to 4-hour duration battery energy storage systems (BESS) are favourable, longer durations are starting to challenge this.
Ahead of the Energy Storage Summit Australia 2025, which will take place next week (18-19 March) in Sydney, we take a look at some of the key debates set to take centre stage at the event.
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.
Modo Energy has signalled that 16.8GW of battery energy storage systems (BESS) will connect to Australia’s National Electricity Market (NEM) by the end of 2027.