Generation
Transmission & REZs
Distribution & DER
Markets & Retail
End-use & Industry
Stakeholder context
This area will host the Interactive Australian NEM Stakeholder Map. When a frontier is selected, relevant actors and edges will be highlighted, showing which players, institutions, and relationships are most active in that frontier.
Storage commercial models
GenerationHeat: High0–3 yearsScalingReading
Battery storage is transitioning from simple arbitrage to complex multi-revenue stacking. New commercial models that optimise across energy, FCAS, and network services are needed, alongside regulatory clarity on dispatch and degradation.
Constraints
- • Revenue uncertainty across multiple value streams (arbitrage, FCAS, network support)
- • Degradation risk not well-priced in contracts
- • Market rules designed for thermal generation, not fast-responding storage
- • Limited visibility into optimal dispatch strategies for multi-use assets
Drivers
- • Falling battery costs (below $150/kWh for grid-scale)
- • Rising need for FCAS and system stability services
- • Network deferral value in constrained areas
- • VPP aggregation enabling behind-the-meter participation
Value pools
- • FCAS markets (contingency & regulation services)
- • Energy arbitrage (daytime solar → evening peak)
- • Network services contracts (TUOS deferral, local reliability)
- • Renewable firming contracts for wind/solar farms
Existing players & approaches
- • Large batteries: Tesla Megapack, Fluence
- • VPP aggregators: Tesla VPP, AGL VPP, Amber Electric
- • Optimisation platforms: Leap, Redback, Enel X
- • Utility-scale developers: Neoen, AGL, Origin
Gaps & open problems
- • Real-time optimisation software that co-optimises degradation + revenue
- • Transparent price signals for multi-use storage contracts
- • Insurance/warranty products for revenue risk and degradation
- • Standardised APIs for dispatch and telemetry across VPP platforms
Signals to watch (timing)
- • AEMO FCAS price volatility and rule changes
- • Network augmentation deferrals announced by DNSPs
- • Commissioning of large-scale batteries (>100MW)
- • State government storage targets and subsidy schemes
Personal workspace
My alignment notes
- • Strong software + finance play. Optimisation is hard and valuable.
- • Could prototype a simple arbitrage model using public NEM data.
My experiment ideas (1–4 weeks)
- • Build a toy dispatch optimiser using AEMO 5-min price data
- • Interview a VPP operator on their biggest operational pain points
Dominant opportunity types
SoftwareFinanceHardware