With tariff structures combining with abundant sunshine and world-leading rooftop solar penetration levels, Australia has emerged as a leading distributed battery storage market. As goes Australia, so goes the global market? This is less than clear and pv magazine is charting the progress of storage in the so-called sunburnt country in a special article series. The market, the grid, the players, the technology and the economics.
Japanese electronics giant Panasonic has struck agreements with three Australian energy utilities to trial its home-based battery storage options, saying it would help double the amount of self-consumption of Australian solar households and also challenge utilities to change their business models.
PV arrays coupled with battery storage systems are becoming the “new normal” in Australia’s wide-open spaces. The number of installations continue to increase as governments and businesses begin to realize the new reality of off or edge-of-grid solar+storage affordability.
A new study from investment bank UBS says solar plus storage already make economic sense for Australian households, a finding that could dramatically reshape the nature of the energy industry in the country.
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