Proposed changes to market rules could encourage battery storage, and help reduce price surges and volatility, and cut costs to energy consumers. But owners of large generators who currently control the market – and are blamed for recent price spikes – may oppose it.
Solar and battery storage to dramatically change the nature of the grid, reducing daytime grid demand to zero, pushing peaks into winter. Rooftop solar is expected to account for one quarter of electricity demand in South Australia, unless tariffs are changed to slow it down.
ASX-listed LWP Technologies invests in graphene battery technology that could “change energy markets”, way world commutes.
Australian research team hails a potential game changer for lithium-ion battery performance – and for electric vehicles.
Northern Territory $20m Home Improvement Scheme offers up to $2,000 rebate on home improvements including purchase of rooftop solar and battery storage.
GE buys stake in German battery storage maker sonnen, attracted to storage market and concept of “shared solar”, and following several oil majors into market.
Victorian energy minister Lily D’Ambrosio says government’s renewables plan will focus on battery storage technologies, as Alcoa shuts Anglesea coal plant.
Tesla says demand for batter storage products “just nutty”; cites Australia and Germany as countries where household system will be economic.
Tesla to announce biggest battery production plant – powered by renewables – as shares soar again. Company now worth one half of GM.