A U.S. investment company set up an independent investment department of energy storage, the goal

AEMO has established the Integrating Energy Storage Systems (IESS) project under the NEM Reform Program to carry out the procedure and system changes arising from the IESS rule and to support industry readiness for the IESS changes.Forming a part of the Energy Security Board’s (ESB) National Electricity Market (NEM) 2025 reform portfolio, the IESS rule seeks to better integrate storage and hybrid systems into the NEM.

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