Policy Update
6 min
NEM reforms update: where things stand for BESS since the Nelson Review
Five months on from the Nelson Review's final report, the focus of NEM reform is clearly on shoring up contracted revenue for utility-scale BESS rather than reshaping merchant mechanisms. This article tracks where the MMO, ESEM, Project EnergyConnect, security frameworks, and the cumulative price fix now stand, with South Australia the biggest beneficiary across the board.18 May 2026
