The Tesla big battery in South Australia has lifted its revenues by 20 per cent in the first three months of 2019, off the back of stronger frequency control and arbitrage markets, inspiring its owners – renewable energy developers Neoen – to investigate further storage opportunities.

The officially named Hornsdale Power Reserve – which has a fixed contract with the South Australia government to provide emergency grid services – lifted its revenues by 20 per cent in the first three months of 2019 to $A6.8 million, according to data from the Australian Energy Market Operator. Read the full article →