Featured in Potential for dark days ahead – 10-2018

Climate change is reshaping Australia’s demand for energy storage

Sometimes there’s a first mover advantage. Sometimes there’s a first mover mess. In the case of residential energy storage, Australia’s early adoption has meant it’s been at the center of a rapid technology evolution as the market decides: Why do homeowners need energy storage?
A 30 kWh off-grid storage installation, featuring BYD’s B-Box batteries. BYD supplied the first units of it B-Box battery solution to the Australian market in April 2017. | Photo: BYD

In late 2015, when I helped launch a residential energy storage system, Australia was the first market targeted. Why? Because Aussies wanted to stick it to the utilities. As energy fed into the grid became worth a fraction of energy purchased from the grid, self-consumption began to make economic sense. And in areas of Queensland …

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