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Battery storage claims 46% share of Australia’s record 64GW energy investment pipeline
['George Heynes']
Energy-Storage.News
Earlier reporting indicated energy storage comprised 26.1GW of AEMO’s then-record 56.6GW NEM project pipeline, demonstrating continued growth in both absolute terms and pipeline share.
This echoes the thoughts of Neha Sinha, product manager for energy storage systems at Wärtsilä Energy Storage, who discussed the topic with ESN Premium last year.
AEMO attributed the price decline to record renewable energy generation output and increased battery storage deployment across the grid.
Battery energy storage systems demonstrated substantial growth in operational performance, with average output nearly tripling to 268MW during the quarter.
It features keynote speeches and panel discussions on topics such as the Capacity Investment Scheme, long-duration energy storage, and BESS revenue streams.