Matt Szwec, an energy trading analyst at Fluence, discusses virtual battery toll agreements and how they operate in Australia.| Energy-Storage.News
After utility Idaho Power proposed paying 60% less for the energy it buys from rooftop solar owners, the utilities commission landed about in the middle, deciding to cut net metering rates by 31%.| pv magazine USA
Australia's NEM has achieved multiple BESS records, highlighted by total storage capacity reaching 6.5GWh for the first time.| Energy-Storage.News
Samsung C&T Renewable Energy Australia has submitted plans for a 300MWh solar-plus-storage project in Queensland to Australia’s EPBC Act.| Energy-Storage.News
Victoria has become the first state in Australia's NEM to achieve more than 1GW of simultaneous battery storage charging.| Energy-Storage.News
RWE Renewables Australia has successfully registered Australia's first 8-hour duration BESS with the Australian Energy Market Operator.| Energy-Storage.News
But state regulators have dampened the market, saying it poses an $8.5 billion cost to ratepayers. A report from the California Solar and Storage Association challenges this argument.| pv magazine USA
Australian think tank Race for 2030 has called for additional investment and incentives to support consumer energy, such as solar.| PV Tech