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Research

​Frequency Performance Payments deliver limited value to batteries in the NEM
Ancillary Services

1 day ago

Frequency Performance Payments (FPP) replaced the old Causer Pays methodology for frequency deviation penalties on 8 June 2025, adding new incentives for assets to stabilise the system’s frequency. The previous system penalised assets for deviating from their dispatch target but offered no rewards. The new two-sided FPP scheme rewards helpful frequency correction too, creating an additional revenue stream for assets. But how much value does this service generate today, and how does it compare to the old system?
NEM Battery Revenues: FCAS delivers for South Australia BESS in July 2025
Benchmark Report

07 Aug 2025

In July 2025, battery energy storage revenues in Australia’s National Electricity Market (NEM) fell by over 60% as energy price volatility eased. While this marked a return to typical market conditions after an exceptional June, performance across the ...
Q2 2025 NEM Buildout Report: Record deployment of battery energy storage capacity
Buildout Report

30 Jul 2025

Battery energy storage deployment in Australia’s National Electricity Market (NEM) is rapidly accelerating.As the system transitions away from coal and the demand for energy storage increases, the delivery of battery energy storage systems will be crit...
Locational impacts on battery energy storage revenues in the NEM
BESS Revenues

23 Jun 2025

The location of battery energy storage in Australia’s National Electricity Market (NEM) plays a critical role in revenue earning potential. Grid curtailment can prevent a battery from dispatching during high regional price events - over the last 12 mon...

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