Australia’s Power Utilities and Grid Operators Branching out Due Shift towards Solar

Jon Capistrano
Jon Capistrano
August 7, 2017

Australia’s power utilities and grid operators are struggling to keep up with home solar panel popularity. They are rushing to come up with ways to stay relevant and protect their long-term revenues.

Electricity suppliers and network operators are starting to move into selling batteries to store solar energy or looking to charge fees for taking excess solar power into the grid.

Australians have taken to solar panels over the past decade thanks to government incentives. Renewable energy has become a necessity in the current climate as energy policy uncertainty has led to the closure of some coal and gas-fired power plants, which sparked blackouts and price hikes.

1 of 6 Australian homes had solar PV installed at the end of 2016, as stated by the Australian Energy Council, which is the highest per capita number globally.

Over 20% of Aussie homes are likely to install battery storage in the next 2 years, according to a survey by the Australian Energy Market Commission.

Click here to read the full story on Reuters

Leave a Reply

Your email address will not be published. Required fields are marked *

Share on facebook
Share on twitter
Share on linkedin

Trending Posts

EMF, EMR, and Residential Rooftop Solar Systems

EMF, EMR, and Residential Rooftop Solar Systems

The story of the solar power sector’s growth is incredible – but not always accurate. We live in an era where there’s a lot of ‘fake news’ swirling around, and it can make public discourse very tense. Stating this fact – and that it’s obvious – doesn’t seek to enhance the distance between differing viewpoints. In fact, it’s seeking to do the opposite.