Energy Storage News•28 days ago
Australia opens Capacity Investment Scheme Tender 8, seeking 16GWh of energy storage across NEM
- •Australia's CIS Tender 8 is officially open, targeting a substantial 16GWh of energy storage capacity across the National Electricity Market (NEM).
- •This government-backed initiative provides a clear market signal and de-risking mechanism for large-scale energy storage projects, offering significant opportunities for developers and IPPs.
- •The tender is expected to drive substantial investment in new storage assets, potentially influencing future capacity prices and grid stability.
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