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.
Research firm Wood Mackenzie has found that daily price volatility from renewables on Australia’s National Electricity Market (NEM) supports a stronger battery revenue outlook.
The 1,680MWh Waratah Super Battery, which completed its energisation in early September, was called upon yesterday (27 November) to prevent widespread blackouts in New South Wales, Australia.
Battery energy storage system (BESS) integrator Fluence will use its AI-powered bidding optimisation software Mosaic for 3.64GWh of Akaysha Energy BESS in Australia.
The Clean Energy Council (CEC) of Australia has revealed that six large-scale energy storage projects totalling 573MW/2,047MWh reached financial commitment in the second quarter of 2024.
