Batteries in South Australia earn $1 million over two days

Grid-scale batteries in South Australia earned almost $1 million from the energy market over two days from 19-20 December 2019 (see Figure 1) as the nation sweat through an extreme heatwave. This revenue is just from arbitraging the wholesale energy market and includes the cost of charging the batteries as well as marginal loss factors … Continue reading Batteries in South Australia earn $1 million over two days