BESS revenues in Australia’s NEM up 45% year-on-year in 2024, says Modo
UK-headquartered energy industry data platform Modo Energy has said that battery energy storage systems (BESS) in Australia’s National Electricity Market (NEM) earned an average of AU$148,000/MW (US$92,810/MW) in 2024, a 45% increase year-on-year.
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