Business
Battery boom triggers warning for developers – The Australian Financial Review
Even if only one-tenth of the capacity in the pipeline is developed, by 2024 storage is set to be about 13 times more than in the market operator’s base case forecast,…
The pace of new storage projects is running well ahead of base case forecasts from the Australian Energy Market Operator after a spate of announcements in recent weeks and months on new proposals from AGL Energy, France’s Neoen, NSW grid operator TransGrid and others.
Even if only 10 per cent of the projected capacity in the pipeline is developed, that’s still about 1500 MW of storage by 2024, more than 13 times AEMO’s forecast in its blueprint for the future power grid, the Integrated System Plan,…
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