Support schemes migrate from solar to storage
Behind-the-meter residential storage has been much talked about, but looking at application by market segment, very little capacity has actually been installed. IHS Markit says that an increasing number of ways to monetize distributed battery value are going to be introduced. Bundled together with the eagerness of grid operators to regulate grid exports, rapidly dropping feed-in tariff rates, and growing financial support for batteries, the time for wider storage adoption may be nigh.
Support schemes for distributed solar are changing, as grid operators have sounded the alarm that high levels of distributed generation could be a safety risk for distribution networks. A shift from subsidizing standalone solar systems to supporting storage can be seen already in markets with significant residential solar capacity. Is this ringing in the golden …
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