Energy Unplugged by Aurora cover image

EP.245 Matt Grover on Battery Dispatch and Economics

Energy Unplugged by Aurora

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The Rise of Grid-Scale Batteries in NEM

This chapter examines the growth and financial dynamics of grid-scale battery projects in Australia's National Electricity Market (NEM). It highlights the transition from ancillary services to energy arbitrage, emphasizing the importance of timing and regional factors in revenue generation. The discussion also addresses the challenges posed by declining coal plants and the increase of renewable energy sources, revealing the complex economics of battery storage and the optimization of bidding strategies.

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