Project News Details
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
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