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Project News Details
Title |
Australia’s batteries surf revenue wave on back of volatile power prices |
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Detail |
Investments in battery storage within Australia’s National Electricity Market (NEM) are increasingly profitable due to higher power price volatility and changing market dynamics, according to the latest report by Wood Mackenzie. Going forward, four-hour storage systems are projected to have fastest return on investment.
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Country | ||||
Source | PV-Magazine | |||
Regions | Africa Asia Australia Europe North America Oceania South America | |||
Sectors | Construction Computer Hardwares and Consumables | |||
Published Date | 11.12.2024 | |||
Original Url | Original Url | |||
Share |
Title |
---|
Australia’s batteries surf revenue wave on back of volatile power prices
|
Detail |
Investments in battery storage within Australia’s National Electricity Market (NEM) are increasingly profitable due to higher power price volatility and changing market dynamics, according to the latest report by Wood Mackenzie. Going forward, four-hour storage systems are projected to have fastest return on investment. |
Country |
International
|
Source |
PV-Magazine |
Regions |
Africa Asia Australia Europe North America Oceania South America |
Sectors |
Construction Computer Hardwares and Consumables |
Published Date |
11.12.2024 |
Original Url |
Share |
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