Featured in A new dawn – 12-2018

New subsidies for Australian storage

While little action is seen on the federal level, energy storage is increasingly coming to the fore as part of state and territory energy policies. With a rising number of residential battery subsidy schemes taking shape in Australia, funding appears to be slowly moving away from solar to energy storage. Such initiatives are poised to not only reshape the battery storage market Down Under, but also have a major impact on the grid, making it more reliable, responsive, and flexible.

By

Marija Maisch

03 Dec 2018

Large scale battery storage systems are being coupled to wind and solar arrays, even at remote facilities, such as this ABB Powerstore in the Pilbara, Western Australia | ABB

It is no secret that its unique combination of high irradiation and highest rooftop solar penetration per capita in the world, coupled with high electricity prices and power supply instability, make Australia fertile soil for energy storage. And the forecasts are promising. According to Bloomberg NEF, which has significantly increased its projection for global deployment …

This article is part of pv+

Subscribe digitally to unlock exclusive investigative reporting, expert insights, in-depth analysis, and premium background coverage. Your subscription also includes full access to the digital edition of our magazine.