Australia heading for a battery boom
With 82,000 cumulative system installations, Australia ranks among the world’s leading markets for residential energy storage. But uptake is still sluggish, thanks to long payback periods, and market developments are only now beginning to emerge. That said, forecasts are still bullish for batteries Down Under – it is only a question of when.
Australian residential battery storage installations have been difficult to both track and forecast. Since 2017, when households and small businesses in the country began installing significant volumes of distributed battery systems, a wide range of annual installation data has caused some confusion – and forecasts have varied wildly. Not helping matters is that a national …
Advertisement
Advertisement
Advertisement
Advertisement