FeesSafety
Pluang+

Grid-scale batteries outpaced gas in Australia's electricity market for the first time in Q3 2026.

Market News
23 Oct 2026
Tokenpost
View Source
Bullish
Grid-scale batteries outpaced gas in Australia's electricity market for the first time in Q3 2026.

In Q3 2026, grid-scale batteries supplied 8% of Australia's National Electricity Market (NEM) evening-peak power, surpassing gas-fired plants which provided 5.1%. This marks the first quarter where battery storage outperformed gas in peak generation. Renewables also hit a record 44.3% of total generation, with solar and hydro increasing significantly while wind declined. The shift reflects growing electricity demand and changing energy production patterns, with battery usage rising sharply from the previous year. Wholesale electricity prices fell 27%, and batteries influenced nearly half of dispatch intervals, signaling a major transition in Australia's energy mix.

The recent milestone of grid batteries surpassing gas in Australia's NEM evening peak provides context for cryptocurrency market activity on Pluang. For readers following digital assets, here is Pluang's market snapshot as of Oct 24, 2026 09:02 WIB: out of 50 major cryptocurrencies, 14 rose and 35 fell today. Notable movers include DOT (Polkadot) at Rp19.513 with a 1-day change of -6.05% and a Pluang order activity split of 48% Sell / 52% Buy, SNX (Synthetix) at Rp3.654 down 4.67% with 0% Sell / 100% Buy, and ATOM (Cosmos) at Rp30.543 down 4.09% with 54% Sell / 46% Buy. Typical hold times range from 61 to 122 days.

More News

Remittix raises $33M, burns 300M RTX tokens, as XRP Ledger update sparks $10 XRP price talk

Remittix raises $33M, burns 300M RTX tokens, as XRP Ledger update sparks $10 XRP price talk

Remittix has raised $33 million and will burn 300 million RTX tokens, reducing supply by 20% ahead of public trading starting November 24, 2026. This token burn and near-cap funding boost scarcity and investor interest. Meanwhile, the XRP Ledger's No...

Market News
Bullish
4 hours ago
Fed rate hike odds drop below 20% amid weak U.S. housing and steady inflation signals

Fed rate hike odds drop below 20% amid weak U.S. housing and steady inflation signals

Ahead of the Federal Reserve's October 28 meeting, market expectations for an immediate rate hike fell below 20%, influenced by weak U.S. housing data and persistent inflation. Housing indicators showed a slowdown with homebuilder confidence at its l...

Market News
Neutral
4 hours ago
Morpho Midnight's fixed-rate lending deposits surpass $100M, powering Coinbase's USDC loans backed by Bitcoin.

Morpho Midnight's fixed-rate lending deposits surpass $100M, powering Coinbase's USDC loans backed by Bitcoin.

Morpho Midnight, an onchain fixed-rate lending market, has reached over $100 million in total deposits. This platform allows lenders to set loan offers with specific terms, while borrowers select from these offers, locking in fixed interest rates and...

Protocol Fundamentals
Bullish
4 hours ago
XTransfer debuts at Money20/20 USA to boost cross-border B2B payments in Latin America.

XTransfer debuts at Money20/20 USA to boost cross-border B2B payments in Latin America.

XTransfer, a leading global B2B cross-border payment platform, made its first appearance at Money20/20 USA 2026 in Las Vegas to accelerate its expansion into Latin American markets. The company recently completed regulatory registration in Chile, ena...

Market News
Bullish
4 hours ago
Etherscan launches beta warning to spot lookalike Ethereum addresses and prevent fraud.

Etherscan launches beta warning to spot lookalike Ethereum addresses and prevent fraud.

Etherscan introduced a new beta feature called Lookalike Address Warning to alert users when similar-looking Ethereum addresses appear together, helping prevent address-poisoning scams. This scam tricks users by placing fake addresses that resemble l...

Protocol Fundamentals
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App