Energy Storage News•9 days ago
Australia: Victoria’s home battery programme delivers 20,000 installations as federal scheme takes over
Key Takeaway
The successful and expanding residential battery program in Australia underscores a significant policy push for distributed energy storage, creating a larger market and potential grid integration opportunities for developers and IPPs.
AI Summary
- •Victoria, Australia's home battery program successfully installed approximately 20,000 residential energy storage systems, doubling its original target.
- •The state-level program's success is leading to a transition to a federal scheme, signaling a broader national commitment to distributed energy resources (DERs).
- •This strong policy support and market uptake for residential storage indicate a growing distributed energy landscape that could impact grid planning, peak demand, and opportunities for virtual power plants (VPPs) relevant to developers and IPPs.
Topics
storagepolicy
Article Content
Victoria's home battery energy storage programme has supported the installation of approximately 20,000 residential energy storage systems, doubling its original target of 10,000 units, according to the state’s climate action minister, Lily D'Ambrosio.