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.
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 is tipped to create sweeping changes to the way energy is generated and used. While the cost of units is not yet at a level where battery storage is a mainstream consumer technology, a variety of pilot projects are being conducted across the country to demonstrate how storage can best be integrated into the power system.
A variety of brands have launched their own storage products in 2017, including a number of Clean Energy Council members.
The future of energy storage in Australia
The biggest factor influencing the adoption of storage technology is cost. The US$5 billion Gigafactory being built by Tesla in the United States will substantially drive down the cost of lithium ion batteries overall, and competition from the manufacturing powerhouses in China will only accelerate this process.
New and innovative business models similar to mobile phone plans will help to put storage technology in more households, in some cases without the need to fund the upfront purchase cost.
Although the future opportunities provided by energy storage in Australia are substantial, the established markets for storage technology are currently in the United States, Europe and some parts of Asia. This will allow the Australian industry and the nation’s policymakers to learn from the early experiences with energy storage in these areas.
- Clean Energy Australia Report 2015
Energy Storage Network
Sign up to the Energy Storage Network to be kept up-to-date on the progress of the roadmap, hear the latest industry news and receive the latest reports and event invitations. The Energy Storage Network is open to all companies and individuals currently active or looking to learn more about the Australian storage industry. Contact email@example.com to sign up.