About this episode

The episode discusses how Australia's energy market is evolving with the integration of batteries and renewable energy sources.

Australia is becoming a proving ground for the future of electricity markets. With renewables now supplying a large share of generation and batteries being deployed at unprecedented scale, the country is offering an early look at how power systems operate when storage becomes a central part of the grid. Yet batteries’ remarkable success in the country brings with it new challenges, as growing competition begins to erode the arbitrage opportunities that drove the sector’s early growth. So what happens when batteries move from a niche technology to a core part of the power system, and what can Australia’s experience teach the rest of the world? On today’s show, Kobad Bhavnagri is joined by  joined by Sahaj Sood, an associate from BNEF’s Australian research team, to review findings from his notes “Australia Energy Storage Update 2026: Arbs and Flows” and “Batteries Supercharge Australia’s Solar and Wind Economics.” Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com Links to research notes from this episode…

People in this episode

Host: Kobad Bhavnagri

Guest: Sahaj Sood

Topics covered

• electricity markets
• renewable energy
• energy storage
• batteries
• Australia
• power systems
• lower-carbon economy

Keywords

• Australia
• batteries
• renewables
• electricity market
• energy storage
• power system
• lower-carbon economy

Mentioned in this episode

Organizations: BNEF, Bloomberg

Books & works: Australia Energy Storage Update 2026: Arbs and Flows, Batteries Supercharge Australia’s Solar and Wind Economics

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