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3 May 2026

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Daily Snapshot 3 min read

Federal CIS tenders back six wind farms and a suite of long-duration batteries, underwriting the next wave of generation as NEM spot prices fall 36.5%.

AU 2 | Wind 1|EV 1
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Today's Signal

Six wind farms, two solar hybrids and seven-hour batteries win key CIS tenders ahead of coal closure

RenewEconomy AU Wind ·

The federal Capacity Investment Scheme has awarded underwriting agreements to six wind farms, two solar-battery hybrids, and multiple long-duration storage projects featuring seven to eight-hour discharge capacities. These successful bids aim to bolster grid reliability and replace retiring thermal generation capacity across the National Electricity Market.