NEM connection queue hits 80.9 GW, over half batteries
AEMO's September-quarter Connections Scorecard: the queue reached 80.9 GW, above the NEM's roughly 77 GW of installed capacity; batteries make up 55% of the 80.0 GW end-to-end pipeline. View: the supply wave will keep diluting arbitrage margins.
Project
- 25 projects (7.5 GW) joined the queue, 19 of them batteries (5.8 GW).
- Four battery projects reached registration: 1 GW discharge and 3.4 GWh storage.
Financing
- AEMO notes a rising share of longer-duration storage.
Policy
- 23 projects (4.5 GW) received connection application approval this quarter.
Sources: RenewEconomy