Generation
Transmission & REZs
Distribution & DER
Markets & Retail
End-use & Industry
Stakeholder context
This dashboard now shares the same visual system as the NEM stakeholder map, so the frontier view and stakeholder view read as a single product. A future iteration can replace this callout with the live actor graph itself.
Storage commercial models
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.
GenerationHeat: High0–3 yearsScalingReading
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
Dominant opportunity types
SoftwareFinanceHardware