Strathalbyn BESS
Lunio Energy, a utility-scale battery developer, has successfully commissioned its first Australian battery energy storage system (BESS) in South Australia with OptiGrid, an Australian battery optimisation and trading intelligence platform that is built for the National Electricity Market (NEM).
The 20MWh BESS in Strathalbyn, South Australia is now participating in the NEM using OptiGrid’s OptiBidder platform to optimise energy trading and market bidding.
OptiGrid’s OptiBidder platform uses proprietary AI-powered forecasting and optimisation algorithms to determine the maximum revenue for Strathalbyn’s grid-connected battery on the NEM. Using OptiBidder, the Strathalbyn battery will respond to market signals by optimising charge and discharge decisions, submitting bids across Contingency FCAS markets, and capturing value from price volatility and system needs.
Seth Thuraisingham, CEO of Lunio said, “We selected OptiGrid to optimise trading of the Strathalbyn battery after OptiBidder showed strong results on the capture rate through our evaluation. Their team also brought real depth on the NEM and how batteries operate in South Australia, which gave us confidence through the investment decision. With the battery now live, OptiBidder is the engine that turns market volatility into revenue for the asset.”
Sahand Karimi, CEO of OptiGrid said, “We’re delighted to be working with Lunio Energy on their first battery project in South Australia. The high penetration of renewable energy in South Australia, while bringing many benefits, creates price volatility that is difficult to accurately forecast and respond to. Our forecasting models and optimisation algorithms have been developed through years of research, and they’re built to turn that complexity into revenue.”
“Beyond the technology, we configure OptiBidder to each operator’s trading strategy and commercial goals. With Lunio, we’re confident the Strathalbyn battery will perform at its best and deliver the maximum returns. It’s been great to see the battery already perform strongly through the recent South Australian price cap events in June.”
OptiGrid manages a portfolio of over 170MW of assets across hybrid and standalone BESS projects. Based in South Australia, OptiGrid’s investors include the Clean Energy Finance Corporation, IP Group, Hostplus, UNSW, Adelaide University and EnergyLab.
About OptiGrid
OptiGrid is an Australian battery optimisation and trading intelligence platform purpose-built for the complexities of the National Electricity Market (NEM). Trusted by asset owners, developers and operators, OptiGrid gives them the confidence to invest in and operate batteries in ways that maximise value capture and accelerate Australia’s clean energy future.
About Lunio Energy
Lunio Energy develops, owns and operates grid-scale battery storage in the National Electricity Market. Strathalbyn is its first operating asset, with further storage projects underway across South Australia.
About Lunio Group
Lunio Energy is part of Lunio Group, an Australian technology-infrastructure group. Alongside grid-scale energy storage, the group builds AI products for the operators of infrastructure and commercial assets: Canopy, which uses satellite imagery and AI to detect vegetation encroaching on powerlines for electricity utilities, and Streamline, which applies AI to dynamic pricing for transport, storage and logistics operators.
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