This outcome is in a particularly distorted badly operated market, one where for no very good reasons regulatory power is not being applied, and distorted bidding for FCAS and peak supply has been the norm. It's hugely politicised, and in the context of a rejection of carbon trading and an attempt by the ruling federal liberal-national government to wedge coal into the mix (it's basically uneconomic now, and won't ge…
Ancillary services like frequency stabilization are the highest ROI application of batteries in the grid and nothing to sneeze at. Without batteries, transmission and especially distribution need to be sized to the highest momentary spikes in demand, and given the long lead time and high costs to upgrade these facilities, batteries are a great solution. They can respond instantly and solve the problem at a very low c…
How good is that!