Energy Storage News•about 4 hours ago
‘The cost declines in lithium-ion tech provide very attractive pricing’: ASL on NSW’s recent 12GWh LDES tender
- •New South Wales (NSW) has launched a substantial 12GWh Long Duration Energy Storage (LDES) tender, signaling strong policy commitment to grid-scale storage.
- •The tender highlights highly attractive pricing for LDES solutions, driven by significant cost declines in lithium-ion battery technology.
- •This initiative creates a major market opportunity for developers and IPPs to deploy large-scale energy storage projects in Australia, supported by competitive economics.
capacity-marketfinancingpolicy