With just over a year having past since the Capacity Investment Scheme was introduced, and two rounds of tenders, what are the early indications of the CIS? With the Climate and Energy Minister Chris Bowen announcing that the next auction will be increased in size by two-thirds to 10GW, what does this mean for the future of the Industry?
The NEM was once termed as the most ‘volatile network in the world’ by Rystad Energy, as it experiences the most daily fluctuations of power prices worldwide. As Australia continues to phase out coal and head towards net-zero, this volatility is expected to continue. What is the role that energy storage has to play, and what are the opportunities presented by this market?
This Panel looks at the perspective of both investors and developers to promoting the growth of energy storage. With lots of unique financial structures, what ones are common-place, what are the most appealing, and how can the indsutry promote further investment into BESS?
Whilst ‘big-batteries’ grab the headlines, the path to net zero in Australia is multi-faceted and includes a wide range of energy storage. Distribution level batteries, hold enormous potential and are an important piece of the puzzle.14:40 How are others harnessing distribution batteries, and what does the future hold?
Merchant revenues offer the highest risk, highest reward of returns for Operators. To what extent are asset managers tapping into the merchant market, and maximising the profits of the battery?
Small-scale batteries and those on the distribution networks, have been tipped to eventually support up to 50% of Australia’s renewable storage. Why is it then, that there is no market reforms or regulations surrounding distribution batteries? This panel looks in closer detail at the role of distribution networks and batteries.
With Australian households reaching 15.1GW of Solar installed in 2023 (a ratio of 1:3), solar has been a huge success story for the path to net zero, and communities have enabled this. With up to 50% of electricity being supplied by residential solar at times, community batteries hold huge potential for the market.
Often an afterthought, what are the key considerations of the ‘community’, in community batteries? How is the best way to unlock the transition to net zero, through community engagement?
From design to construction, encompassing the entire lifecycle of the battery, what are the key considerations which should be taken into account?
From conception to energisation, there are a conundrum of obstacles to navigate for the developer to operationalise their battery. What are the biggest challenges faced in the market to deploying BESS in Australia, and what are strategies for navigating these?
As an example..
Join us on Day Two for the keynote Opening Address, from the Hon Nick Duigan MLC, Minister for Energy and Renewables, Minister for Sports and Events, and Minister for Parks.
Australia’s is targetting 32GW and 82% renewable generation by 2030. With this current figure sitting at a reported 39.9% (Clean Energy Council), what is the pathway to hitting Australia’s renewable targets?
A hot topic globally, with the enormous growth year-on-year of energy storage, what is needed for banks to consider these projects “bankable”?
In our final session of Day 1, we have State Spotlights!
Each networking roundtable will be representative of the States, and give you, our delegates, a chance to meet representatives from government organisations who are facilitating the growth of Energy Storage throughout Australia.
Whilst Lithium-Ion is undoubtedly king right now, what does the future hold and why do we need to look further afield in future?
With the Australian market already moving away from 2 hours, 4 hours is becoming increasingly common and we are even beginning to see 8 hour batteries being tendered.