Australian Energy Market Commission Proposes Reforms That Could Affect Power Selling

As reported by The Sydney Morning Herald, AEMC Chairman John Pierce stated the Commission has proposed reforms for grid frameworks, which could have a positive impact on Australians who want to sell power to the grid.

solar panels on home

Selling your excess power generated from solar panels may become easier in the future.

As reported by The Sydney Morning Herald, AEMC Chairman John Pierce stated the Commission has proposed reforms for grid frameworks, which could have a positive impact on Australians who want to sell power to the grid. The reforms are designed to make it easier and more accessible for more Australians to sell their excess solar generated power.

“… families and businesses are not just electricity consumers, they can also be power producers.”

The reforms involve:

  • updating the existing grid regulatory framework
  • increasing reliability and security of power supply
  • moving from using only a few large power stations to including a number of smaller generators in the mix (wind farms and battery installations)

The reforms hope to achieve:

  • encouraging adoption of solar, batteries and electric vehicles in Australia
  • more batteries involved in Australia’s future grid plans
  • faster response from the grid when backup power is needed
  • more household batteries paid to provide backup power into the grid
  • continued evolution of system frameworks to keep up with technology and the need for reliability

Mr Pierce from the AEMC also commented on the fact that innovation and changes in technology will be monitored. Virtual power plants, for instance, could improve the reliability of electricity supply in Australia in the future.

Read the full story from The Sydney Morning Herald.

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