Benchmark Report6 days agoIn September 2025, battery energy storage revenues in the National Electricity Market (NEM) fell 61% as South Australia’s contingency markets cooled. Warmer weather reduced peak demand across the NEM, pushing energy revenues lower. Queensland revenues ...
Research25 Sep 2025The National Electricity Market (NEM) is becoming more volatile as coal generation retires and renewable output grows. Falling dispatchable capacity leaves the system susceptible to sudden, sustained price spikes, particularly during periods of high demand or low renewable output. Cap contracts let flexible generators turn this uncertainty into a steady revenue stream by selling protection against extreme prices.
Market updates18 Sep 2025The winners of the Capacity Investment Scheme (CIS) third tender were announced on 17th September 2025. This round secured over 4 GW / 15 GWh of battery energy storage across 16 projects - enough energy to supply 3.5 million households in the NEM for four hours.
Research11 Sep 2025Grid-forming (GFM) batteries are proving to be more than just a technical solution for declining inertia and system strength; they’re also unlocking new sources of value for developers. By avoiding system strength charges and securing network support contracts, GFM systems are accessing revenue streams that grid-following batteries cannot reach.