Australian Chart of the week | Yesterday, [battery storage] was such an easy game to play

FCAS continues to drive the majority of revenues for battery storage in the NEM (there are five active utility-scale battery storage projects operating in the NEM; three in SA and two in VIC), however given the forecast pipeline of prospective storage projects (with two 500MW+ projects having already been announced in 2021), it is unclear how the proportion of total revenues may change in the future.

In this week’s ‘Chart of the week’, we take a look at 2020 to see how the revenues for battery storage projects changed.

Ben Cerini

Ben Cerini

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