The solar firm will provide and install its smart energy storage system for residents and businesses in Canberra.
The deployment of energy storage systems under the Ministry’s Next Generation Energy Storage Grants Programme is expected to help increase the adoption of renewable energy sources in the city in line with targets set by the government to produce 100% of energy from clean sources by 2020.
The ministry has subsidised the batteries to simplify and lower costs for consumers to acquire energy storage systems.
[quote] The programme aims to ensure grid reliability in allowing consumers to generate their own electricity, save it and use during peak periods.
Customers also have an option to generate revenue by selling excess energy to their utilities.
The Ministry will use the Next Generation Energy Storage Grants to support the storage of over 2MW solar energy in more than 600 residential homes and business premises in the city. [Australian island considers becoming 100% renewable].
Simon Corbell, minister of Environment and Climate Change, commented: “Residents who install a smart battery with one of the successful companies will receive a discount of up to $825 for each kilowatt (kW) of peak sustained output installed for a battery system connected to a new or existing solar system.”
Energy storage system adoption
In early August, AGL Energy announced its plans to develop an energy storage system to ensure grid stability in South Australia.
The energy storage system will also help the firm to integrate more renewable energy resources onto the grid.
The power company reported that the 7Mwh capacity system will comprise a centrally controlled network of 1,000 residential and business storage systems storing power sourced from rooftop solar arrays.
AGL Energy will implement the AUS$20 million energy storage project in partnership with the Australian Renewable Energy Agency which committed AUS$5 million in funding for the programme.
Image credit: www.survivingtheaftermath.com.