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Energy Storage News21 days ago

Australia’s grid-forming battery storage pipeline extends to nearly a hundred projects, says AEMO

Key Takeaway

The rapid expansion of grid-forming battery storage in Australia signals a critical and growing market for BESS developers and a path to enhanced grid stability for large power consumers in high-renewable grids.

AI Summary

  • Australia's National Electricity Market (NEM) has a pipeline of nearly 100 grid-forming battery energy storage systems (BESS) projects.
  • Grid-forming BESS are considered essential by AEMO for maintaining grid stability amidst increasing renewable energy penetration.
  • This trend signals significant opportunities for BESS developers and investors in the Australian market.
  • For large power consumers, this development promises enhanced grid reliability and the integration of more renewable energy sources.

Topics

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Article Content

Battery energy storage systems (BESS) equipped with grid-forming inverters have emerged as essential components for maintaining system stability in Australia’s National Electricity Market (NEM) as renewable energy penetration increases.