1. Home Storage Sales Rocket as Australia Moves Towards Standardisation

    Home Storage Sales Rocket as Australia Moves Towards Standardisation

    Australia’s energy and environment minister has hailed the country’s accelerating residential energy storage sales as a report has emerged from Chief Scientist Dr Alan Finkel which says the “financial equation is straightforward” for adding batteries to home PV systems. Finkel’s office produced reports during 2017 which advised the government on the power market, opportunities and challenges for renewables and decarbonisation and the role of clean energy technologies in boosting the resiliency of energy networks across Australia. At the tail end of the year, he also published a report on the “transformative role” of energy storage.

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  1. Quotes

    1. The financial equation [to buy energy storage systems] is straightforward, driven by the difference in the high price to purchase electricity compared with the low price to sell it to the grid.
  2. Categories

    1. Electricity Source:

      Solar Photovoltaic, Wave, Tidal, Hydro, Wind
    2. Storage Market:

      Commercial & Industrial, Military, Residential & Community & Microgrid, Smart Grid, Utility Grid, Vehicle-to-Grid/Home
    3. Storage Technology:

      Compressed Air/Gas, Flow Battery, Flywheel, Hydrogen, Lead, Liquid Metal, Lithium, Magnesium, Mechanical Storage, Nickel, Sodium, Supercapacitors, Vanadium, Zinc
    4. Article Types:

      Null, Reports and Conferences