Energy Storage News•24 days ago
FRV and AGL advance 2,200MWh of grid-forming battery energy storage in Australia
Key Takeaway
The rapid advancement of large-scale, grid-forming battery storage in Australia underscores the growing market for advanced grid services and reliable power solutions for developers and large consumers alike.
AI Summary
- •FRV Australia and AGL Energy are advancing two grid-forming battery storage projects totaling 2,200 MWh in Australia, reaching major milestones.
- •The emphasis on 'grid-forming' capabilities signals a strong market demand for advanced battery solutions that provide critical grid stability and ancillary services, beyond just energy shifting.
- •For developers, this indicates a robust and growing opportunity in large-scale, technically sophisticated battery projects that can command premium services.
- •For large power consumers, these projects promise enhanced grid reliability, improved power quality, and potentially more stable energy prices due to increased system flexibility and resilience.
Topics
capacity-marketfinancingpolicyppastoragetransmission