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.
Australian energy major AGL has seen its 1,000MWh Liddell battery energy storage system (BESS) in New South Wales (NSW) enter AEMO’s Market Management System.
The 300MW/1,200MWh Stanwell battery energy storage system (BESS) in Queensland, Australia, has reached its halfway construction milestone with the final Tesla Megapack units now delivered to the site.
Australia’s National Electricity Market (NEM) achieved multiple battery energy storage records during the weekend of 27-28 September 2025, highlighted by total storage capacity reaching 6,591.5MWh for the first time.