Australian network company Ausgrid has launched a new energy storage-as-a-service (ESaaS) offering alongside Origin Energy and EnergyAustralia whilst launching its ninth community battery energy storage system (BESS) in Bondi, the eastern suburb of Sydney, New South Wales.

AEMO says the NEM has seen energy trading for battery energy storage systems (BESS) revenue rise 97% year-on-year (YoY) to AUS$25.4 million.

Australian utility Origin Energy has approved the second stage of the Eraring battery energy storage project in New South Wales, Australia.

Toronto, Ontario-headquartered Hydrostor is proposing to deploy one of its advanced compressed air energy storage (A-CAES) facilities in Greater Napanee, Ontario.

The consultation in New South Wales, Australia, on reducing the definition of LDES to 4-hours sparked mixed reactions in the energy sector.

The New South Wales government has deemed three pumped hydro energy storage (PHES) sites as “critical” given their importance to the economy.

ARENA has approved US$94 million in funding for community battery energy storage installations in Australia.

Transgrid, has indicated that 4.8GW of grid-forming BESS will be necessary to stabilise the grid in New South Wales to support renewable energy deployment.

RWE will proceed with an 8-hour duration large-scale battery storage project in New South Wales (NSW), while a tender for more long-duration resources has launched in the state.

Two new BESS projects have been announced in Australia, with the DK BESS 2 in the Northern Territory and a 200MW BESS project in New South Wales.