Energy Storage News•10 days ago
Akaysha Energy enters 300MWh BESS into NEM trading in Queensland, Australia
Key Takeaway
The operationalization of a large-scale BESS in Australia's NEM underscores the growing importance of energy storage for grid stability and market participation, creating new avenues for developers and improved reliability for large power consumers.
AI Summary
- •Akaysha Energy has commissioned the first phase of its 300MWh Ulinda Park BESS in Queensland, Australia, making it operational and trading in the National Electricity Market (NEM).
- •This significant BESS entry into the NEM enhances grid flexibility and stability, offering increased reliability and potential price stabilization for large power consumers.
- •For developers, this project demonstrates successful execution and market integration of large-scale energy storage in a major grid, highlighting ongoing opportunities in the Australian market.
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