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ABB pushes new BESS-as-a-Service model to meet soaring energy demands

As Australia prepares for a major energy transition, the need for scalable, flexible battery storage solutions has never been more urgent. The Australian Energy Market Operator (AEMO) forecasts that the country will require around 9GW of new battery energy storage systems (BESS) by 2027 to support renewable energy integration, manage coal plant closures, and address rising grid volatility.
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GridBeyond highlights role of technology in navigating energy market swings

Energy price volatility continues to pose challenges for manufacturers and other energy-intensive industries, particularly as electricity markets experience more frequent and unpredictable price swings.