Energy Storage News•about 2 months ago
VIDEO: ‘Storage must come first’: Why Australia mandates parallel solar-plus-storage development but sequential commissioning
- •Australia's National Electricity Market (NEM) is implementing new 'hybridisation rules' that mandate the parallel development of solar-plus-storage projects.
- •A key aspect of these rules, as highlighted by Envision's Behzad Naderi, is that storage is prioritized ('must come first') in the development and connection process, even if commissioning of the entire hybrid project is sequential.
- •These regulations are significantly reshaping project development, grid connection processes, and potentially financing strategies for developers and IPPs in Australia.
financing