Australian storage pricing could 'cannibalize' itself with latest big battery announcements In November, Cornwall Insight estimated that Australia had 7 GW of battery storage projects in the pipeline. Since then, massive amounts of storage capacity have been added.From pv magazine Australia This month saw Neoen announce plans for a 500 MW battery, only to have Origin dwarf the proposal with its 700 MW battery a day later. While the proposals are, for now, little more than best-laid plans, Cornwall Insight Australia's principal consultant, Ben Cerini, said that announcements of such large capacities being integrated into the National Electricity Market (NEM) inevitably make developers ...