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Research

NEM BESS Outlook Q3 2025: The investment case for grid-scale batteries
Forecast Outlook

2 days ago

The investment case for grid-scale batteries in the Australian NEM has shifted towards long-duration batteries and energy trading revenues in the face of FCAS market saturation. Meanwhile, multiple gigawatts of batteries are already in construction or ...
The Investment Case for BESS in the NEM: Five key takeaways
Market updates

23 Oct 2025

Battery energy storage buildout in the NEM is accelerating, but shifting volatility is changing the investment case for new projects. The right combination of merchant earnings alongside contracted revenue is crucial for maximising the returns and bankability of new BESS.
​Australia: State-specific factors shaped autobidder performance in Q3 2025
Benchmark Report

16 Oct 2025

Battery optimisation in the NEM continues to evolve as the fleet expands and market dynamics shift. Each quarter brings new challenges for operators and the autobidder - from managing exposure to volatile FCAS prices to balancing dispatch against reven...
Rebidding in the NEM: Why less can be more for BESS
Battery Operations

09 Oct 2025

​Rebidding activity in the NEM has exploded in the past few years, thanks to battery autobidders constantly submitting revised bids hundreds of times per day. Revising bids as market conditions and forecasts change is essential for optimisation. The ri...

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