How smart Australian businesses are using energy storage to slash electricity costs by 30-50%, achieve energy independence, and generate new revenue streams.
Clean Energy Council Chief Policy and Impact Officer, Arron Wood, said it was encouraging to see sustained momentum in investment for large-scale battery and storage projects given they are critical to achieving
This guide explores the economics of energy storage, detailing how businesses can assess opportunities, select the right technology, and implement investment strategies that deliver
Battery energy storage has a critical role to play in managing the intermittency of renewables, balancing the grid, and ensuring reliable electricity. Australia''s journey toward a
U.S. Market 35 GW — New energy storage additions expected by 2025 (link) $4B -- Cumulative operational grid savings by 2025 (link) 167,000 — New jobs by 2025 (link)
There is cause for optimism that investment will trend upwards throughout the remainder of 2025 given the political stability and policy certainty provided by the election
Quarterly Investment Report: Large-scale renewable generation and storage, Q2 2025 Quarter 2 2025 marked another soft quarter of investment activity across Australia for
EnergyAustralia achieved financial close for the Wooreen Energy Storage System on 20th February 2025. Construction will now commence on the four-hour, 350 MW
The Australian Government''s Capacity Investment Scheme (CIS) is set to open two significant tenders in late August 2025, aiming to secure 1.6 GW of renewable energy
Energy storage also saw strong growth, with over 11GWh of projects committed to in 2024. Image: Risen Energy Australia''s Clean Energy Council (CEC) has said that 2024 was the best year for large
The CEFC helped fund the Waratah Super Battery (pictured) in 2023. Image: Akaysha Energy. "We need some form of policy or expansion of the Capacity Investment
2025 is a pivotal year for the renewable energy sector, with a range of high-impact projects nearing final investment decision (FID). These ventures, spanning offshore wind, solar and onshore wind, are set to unlock
The energy storage sector maintained its upward trajectory in 2024, with estimates indicating that global energy storage installations rose by more than 75%, measured by megawatt-hours
While power demand is expected to continue to see strong growth in 2025 and beyond, the growth rate of low-carbon energy sources is now close to covering the entire
Copenhagen Infrastructure Partners (CIP) commence construction on a four-hour 960 MWh battery energy storage system, expected to be operational in 2027. CIP, through its fund, Copenhagen Infrastructure V,
Experts predict what 2025 holds for U.S. energy policy: EV battery costs fall, energy storage demand surges, carbon removal hits scale, permitting reform in D.C.
The volume of large-scale battery energy storage projects under construction in Australia passed that of solar and wind projects combined in 2023 and the trend has intensified this year, with
Australia''s clean energy sector hit a significant milestone in Q1 2025. It saw a surge in investments and rapid growth in Battery Energy Storage Systems (BESS).
Renewable Energy Zones (REZs) Aligned with Australia''s energy transition objectives, the emergence of Renewable Energy Zones (REZs) in New South Wales, Queensland, and Victoria is gaining momentum as a strategic
Projected Investment in 2025: Expected to exceed $8 billion AUD, focusing on solar manufacturing, large-scale solar, and battery storage. 4.2 Solar & Mining Industry
Battery storage. In 2025, capacity growth from battery storage could set a record as we expect 18.2 GW of utility-scale battery storage to be added to the grid. U.S. battery storage already
The first quarter (Q1) of 2025 has seen a surge in investment for large-scale battery storage in Australia, with six projects worth a total of A$2.4bn ($1.5bn) reaching the
Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure V (CI V), has initiated construction on the 240 MW / 960 MWh Summerfield
Significant investment is also occurring in the UK, where work is set to begin on the world''s first commercial liquid air energy storage project in 2025, in addition to a number of BESS, pumped hydro storage, hydrogen
According to BNEF''s 2025 Australia Energy Storage Update, Australia could be on the cusp of a "big battery boom" spearheaded by a volatile power market, supportive government policies and the withdrawal of coal-fired
3 for electricity generation. This report, the full dataset, and a guide are available online. Release of the 2025 edition, containing data for financial year 2023–24, s expected in September 2025.
Wood Mackenzie also states the BESS market is growing in the NEM, with a pipeline of 60GW of projects under development. Image: Vena Energy. Research firm Wood Mackenzie has found that daily price volatility
The first quarter of 2025 was the second best on record for investment in large-scale Battery Energy Storage Systems (BESS) in Australia, with six projects worth $2.4 billion in total reaching the financial commitment
The global energy storage sector is on track for another record year in 2025 as utility-scale projects expand into new regions. BloombergNEF (BNEF) forecasts that
The global energy storage market is poised to hit new heights yet again in 2025. Despite policy changes and uncertainty in the world''s two largest markets, the US and China, the sector continues to grow as developers
For the second consecutive quarter in 2025 Australia has seen weaker investment in new renewable energy and storage projects, following subdued investor confidence earlier this year.
Energy storage deployment across North America broke records in 2024, driven by falling battery prices, increased system efficiencies, and growing market opportunities. Globally, energy storage deployment increased
Energy storage deployment across North America broke records in 2024, driven by falling battery prices, increased system efficiencies, and growing market opportunities.
Australia's remarkable run of investment commitments to energy storage projects continued in Q1 2025. Six storage projects representing 1,510 MW (capacity) / 5,016 MWh (energy output) reached financial close – the second-highest quarterly result for newly financially committed storage projects.
Stay proactive with real-time data and expert analysis. Moreover, three more battery storage projects began construction in Q1 2025, adding 840MW/2.9GWh in capacity and energy output.
There are also 69 committed storage projects (either standalone or hybrid projects) currently in this pipeline, equivalent to 12,532 MW / 32,078 MWh in capacity / energy output. Read the latest updates from the Clean Energy Council and across the industry. When it comes to Australia’s energy future, communities have legitimate questions.
Australia’s NEM will see a massive increase in grid-scale battery energy storage capacity in the next three years. There are 16.8 GW of battery projects that could come online in the National Electricity Market (NEM) by the end of 2027.
The remarkable run of investment commitments to energy storage projects continued in Q1. Six storage projects representing 1,510 MW (capacity) / 5,016 MWh (energy output) reached financial close – the second highest quarterly result for newly financially committed storage projects.
Energy storage systems, such as big batteries, are a critical part of Australia’s future energy mix and act as a reliable back-up system allowing us to store renewable energy for when it is needed most and keep the lights on under all conditions. It’s great to see the high levels of investment we’ve seen over the past couple of years continue.
