New South Wales BESS earn nearly AU$6 million as two-hour ‘extreme’ price event sweeps Australia’s energy market

T2Covered by 1 source · first reported by Utility Dive / pv magazine / Energy-Storage.news at 13 Oct, 02:38 UTC

Battery energy storage systems (BESS) in Australia’s New South Wales (NSW) earned an estimated AU$5.63 million (US$3.88 million) in two hours on 12 October, as wholesale electricity prices peaked at AU$23,107/MWh.

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Sources

• T2New South Wales BESS earn nearly AU$6 million as two-hour ‘extreme’ price event sweeps Australia’s energy marketUtility Dive / pv magazine / Energy-Storage.news13 Oct, 02:38