Battery energy storage systems (BESS) in Australia’s New South Wales (NSW) earned an estimated AU$5.63 million (US$3.88 million) in two hours on 12 October, as wholesale electricity prices peaked at AU$23,107/MWh.
Inaccurate state of charge (SOC) measurements can cost battery energy storage system (BESS) operators up to 15% in lost revenue, a persistent issue despite advances in monitoring technology.
Energy-Storage.news Premium speaks with Randolph Mann, CEO at developer esVolta at the 2026 US Battery Asset Management Summit in Garden Grove, California.