Energy Storage News•29 days ago
South Australia battery storage captures 4-hour AU$1,000/MWh price event as heatwave drives revenue uplift
Key Takeaway
This event underscores the substantial revenue opportunities for battery storage assets capable of sustained discharge during peak demand and extreme price events.
AI Summary
- •South Australian battery storage fleet capitalized on a 4-hour AU$1,000/MWh (US$700/MWh) price event during a heatwave.
- •Batteries entered the high-price period at approximately 90% state of charge, maximizing discharge revenue.
- •The event demonstrates significant revenue potential for battery storage assets during extreme weather and high demand periods.
Topics
storage