Energy storage will dramatically transform the way the world
uses energy in the near future.

As well as offering more flexible, reliable and efficient energy use for consumers, storage is an effective way to smooth out the supply of variable forms of renewable energy such as solar and wind power. It gives consumers greater control of their power use and enables them to take full advantage of the solar energy that they generate themselves.

Battery storage safety FAQs

Get expert answers to the most frequently asked questions about the safety considerations involved in battery storage.

View the battery storage safety FAQs.

Unlocking the potential of energy storage in Australia

In May 2017 the Clean Energy Council released a policy paper, Charging Forward: Policy and regulatory reforms to unlock the potential of energy storage in Australia, outlining a package of targeted reforms to support the increased roll out of energy storage projects at residential, commercial and grid scales.

The policy paper recommends 13 reforms across four categories to achieve this, ranging from removing regulatory barriers and rewarding the value of storage behind the meter, to protecting consumers and changes that would allow storage to support grid security through its fast frequency response capability.

You can read more about this paper here.

In April 2015, the Clean Energy Council also developed the Australian Energy Storage Roadmap to help this exciting emerging technology reach its potential.

The state of energy storage in Australia

Energy storage took a considerable leap forward in 2017, with the construction and commissioning of the world's biggest lithium-ion battery in South Australia and the announcement of the Snowy 2.0 pumped hydro expansion.

On the household storage front, approximately 20,789 energy storage systems were installed in 2017, a three-fold increase on the 6750 installed in 2016. In addition, 12 per cent of the 172,000 PV installations in 2017 included a battery, up from 5 per cent in 2016. This brings the cumulative tally to 28,000 battery systems installed across Australia.

Virtual power plants and other battery storage initiatives by various state governments are helping to drive demand at the consumer level, improving ROI on battery unit prices as costs fall.

The future of energy storage in Australia

Following the overwhelming success of the Hornsdale Power Reserve, a number of other grid-scale batteries are being constructed in 2018, including a 30 MW/30 MWh battery at the Ballarat Terminal Station, a 25 MW/50 MWh battery at the Gannawarra Solar Farm and a 20 MW/34 MWh battery at the Bulgana Wind Farm.

In March 2017, Prime Minister Malcolm Turnbull announced plans for Snowy Hydro 2.0, which would expand the original scheme to include 2000 MW of pumped hydro storage. A feasibility study has also been announced into the expansion of Tasmania's hydro power network to include up to 2500 MW of pumped hydro.

A number of companies are also either exploring or actively planning to build new pumped hydro facilities, including Genex Power's project at Kidston near Townsville in North Queensland and Tilt Renewables' pumped hydro plant project at a decommissioned quarry north of Adelaide.

In 2018, it is predicted that 300 MWh of distributed systems will be built across 33,000 installations, along with 136 MWh of projects. This would more than double the number of storage systems currently installed.

Sources:

  • Clean Energy Australia Report 2018