Big utilities split over delays to key reform that backs battery storage

RENEWECONOMY | A major split has emerged among Australia’s big energy utilities over the proposed delay to the introduction of the 5-minute settlement period on electricity markets – a reform deemed critical to encourage battery storage and demand management, lower costs and hasten the clean energy transition.

Submissions made to the Australian Energy Market Commission had – till Monday – shown responses more or less along party lines: The owners of legacy assets such coal and gas generation, hydro and networks largely supported the delay, or even wanted it lengthened to 24 months, while the developers of batteries, demand management, software companies and consumer groups insisted no delay was justified.

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