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Published • Australia • Updated

Appetite for big battery ownership grows for utilities: report

Summary by Pv Magazine Australia
Interest in owning big batteries is a growing trend for utilities and coal-plant owners as market revenue potential improves, particularly for newer, long-duration storage systems.A new trend toward ownership of big battery developments by utilities and owners of coal plants is gaining momentum as return on investment and market revenue potential improves, according to a new report published by research provider Bloomberg New Energy Finance (BNE…
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pv magazine Australiapv magazine Australia

Appetite for big battery ownership grows for utilities: report

Interest in owning big batteries is a growing trend for utilities and coal-plant owners as market revenue potential improves, particularly for newer, long-duration storage systems.A new trend toward ownership of big battery developments by utilities and owners of coal plants is gaining momentum as return on investment and market revenue potential improves, according to a new report published by research provider Bloomberg New Energy Finance (BNE…

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pv magazine Australia broke the news in on Friday, March 28, 2025.
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