Energy Storage News•about 15 hours ago
‘Each megawatt will be competing’: Wärtsilä on Australia’s evolving grid-scale BESS market
Key Takeaway
The Australian utility-scale BESS market is rapidly maturing and becoming highly competitive, requiring developers to focus on optimized and cost-effective solutions to succeed.
AI Summary
- •Australia is a significant and active market for utility-scale Battery Energy Storage Systems (BESS), serving as a 'multi-gigawatt proving ground.'
- •The BESS market is rapidly evolving towards intense competition, where 'each megawatt will be competing,' signaling a need for highly optimized and cost-effective solutions.
- •Wärtsilä, a major OEM, observes this market maturation, indicating that efficiency, performance, and strategic deployment will be critical for developers and IPPs.
Topics
capacity-marketoempolicystorage