Australia approves 4.2 GW of energy storage under Capacity Investment Scheme
The Australian Government has approved 15 projects under Capacity Investment Scheme (CIS) Tender 8 – National Electricity Market (NEM) Dispatchable, adding 4.2 GW of dispatchable capacity and 16.1 GWh of energy storage. Announced on June 24, 2026, the projects are expected to provide enough storage to supply around four hours of electricity to 3.7 million…
