Edition 12 of ARENA Insights focuses on battery storage projects. With Australia’s energy system rapidly transitioning to a higher share of renewables, ARENA has sharpened its focus with the launch of its new investment priorities.
Insights extract
This month we focus on battery storage projects.
With Australia’s energy system rapidly transitioning to a higher share of renewables, ARENA has sharpened its focus with the launch of its new investment priorities, which include support for projects that can integrate renewables into the electricity system.
Battery storage is increasingly being viewed as an invaluable part of the electricty system, given its ability to provide flexibility by absorbing fluctuations in demand and generation. In this way (and providing it is cost competitive) battery storage has the potential to assist in operating an electricity grid with higher shares of renewable energy.
Through ARENA’s support, project proponents are demonstrating that battery storage can deliver a diverse range of capabilities using a variety of designs, purposes, sizes and locations. Explore our battery storage projects on the Knowledge Bank.