Battery energy storage revenues in Australia’s National Electricity Market (NEM) fell 61% in September 2025 to AU$85,000/MW (US$56,712/MW) as price volatility eased across the grid, according to new research from Modo Energy.
WaterNSW, the state-owned water supplier to New South Wales, Australia, has selected three dams as suitable sites for pumped hydro energy storage (PHES) developments.
Quinbrook Infrastructure Partners has completed construction on the first stage of its Supernode battery energy storage system (BESS) in Queensland, Australia.