Explainers2 days ago​Australia’s power system is shifting from fuel-driven price formation to a world dominated by renewables, storage and demand flexibility. The first draft of the Nelson Review concludes that the NEM should maintain its energy-only core, but adjust the ...
Market updates07 Aug 2025Battery energy storage buildout in the NEM is accelerating, and on course to hit 18 GW by the end of 2028. This will fundamentally change market pricing dynamics in the NEM, as BESS undercuts gas peaking capacity and competes for dispatch.On 6th August...
Battery Buildout17 Jul 2025The NEM is in the midst of a rapid buildout in battery energy storage capacity. 840 MW of new BESS, with 1680 MWh of energy storage capacity, has come online so far in 2025. This beats previous annual records after just six and a half months of the yea...
