South Australia’s battery storage fleet entered a 4-hour AU$1,000/MWh (US$700/MWh) price event at around 90% state of charge during the Australia Day heatwave.

Ed Gunn, VP of revenue at home battery storage and virtual power plant (VPP) specialist Lunar Energy, on the market’s recent past and future potential.

More BESS news from across Europe, with ContourGlobal and Alpiq striking sizeable deals in Greece and France, Iberdrola putting projects into operation in Spain, and other project news in Germany, Poland, Denmark and Southeast Europe.

Virtual BESS tolling platform startup Terralayr has raised €192 million (US$223 million), primarily for its own build-own-operate BESS pipeline. CEO Philipp Man spoke to Energy-Storage.news about the funding round and growing its capacity virtualisation and tolling platform.