Research

Q1 2025 Buildout Report: How quickly is BESS coming online in the NEM?

Battery Buildout

01 May 2025

Australia’s National Electricity Market (NEM) has one of the world’s largest battery energy storage pipelines. Over 17 GW of projects are attempting to start operation by the end of 2027. However, whether this pipeline all gets built depends on ability to achieve financing and then how quickly they can be built and commissioned.

Frequency Performance Payments: What does it mean for batteries in the NEM?

16 Apr 2025

Frequency Performance Payments (FPP) are going live in the NEM on 8th June 2025. This replaces the old Causer Pays methodology for allocating the costs of FCAS Regulation, and provides new incentives for units in the NEM to support grid frequency. This article explains how the new incentive methodology works and discusses the impact it could have on the grid and battery energy storage.

Regional and Custom Indices Live for NEM Battery Benchmarking

Terminal Updates

01 Apr 2025

Modo Energy’s battery energy storage indices provide transparency over BESS revenue performance across major markets globally, including the NEM in Australia. These indices help owners, operators and financiers track revenue trends, benchmark asset and...

Australia: Virtual tolls for battery energy storage explained

24 Mar 2025

Virtual tolls for battery energy storage have been on the rise in the NEM, with the first contracts going live at the end of 2024. This is part of a wider trend of a shift towards financially-based offtake agreements, instead of traditional physical to...

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