Energy Storage News•about 1 month ago
Australia to launch Capacity Investment Scheme Tender 8 seeking 16GWh energy storage in the NEM
- •Australia's DCCEEW is launching Tender 8 under the Capacity Investment Scheme (CIS) later this month, seeking 16GWh of new energy storage capacity for the National Electricity Market (NEM).
- •This tender represents a significant government-backed opportunity for energy storage developers and investors, signaling strong policy support and a clear demand for large-scale storage projects.
- •The initiative will drive substantial investment and competition in the Australian energy storage market, likely influencing future PPA structures and project financing terms for successful bidders.
capacity-market