
The Australian Renewable Energy Agency (ARENA) is an independent agency of the , established in 2012 to manage programs, with the objective of increasing supply and competitiveness of Australian renewable energy sources.

Recent industry analysis reveals that lithium-ion battery storage systems now average €300-400 per kilowatt-hour installed, with projections indicating a further 40% cost reduction by 2030.

Energy storage system (ESS) is a key technology to accommodate the uncertainties of renewables. However, ESS at an improper size would result in no-reasonable installation, operation and maintenanc.

The project, which came with a price tag of €19.6 million, was commissioned on February 1 only a few days before the desynchronization of the Baltic electricity system from the Russian grid.