Utility-scale storage: The 100 MW Hornsdale Power Reserve was delivered by Tesla in under 100 days – a good thing as the company would’ve picked up the tab if it had failed to do so. But the project is also delivering grid services and demonstrating arbitrage trading at a pace and scale that is changing minds about the potential of utility-scale storage and the role of synchronous generation on Australia’s National Electricity Market.
More than 3 GW of battery energy storage is forecast to be deployed in 2018, but uncertainty over supply constraints — and potential cost increases for Li-ion batteries — may create unexpected challenges.
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