Energy Storage News•12 days ago
Australia’s Cheaper Home Batteries Program reaches 2GWh of storage capacity
Key Takeaway
The rapid deployment of 2GWh of subsidized distributed storage in Australia highlights a strong policy-driven market for batteries, creating significant opportunities for VPPs, grid services, and influencing future grid infrastructure and demand management strategies for all market participants.
AI Summary
- •Australia's 'Cheaper Home Batteries Program' has achieved over 100,000 installations, deploying 2GWh of subsidized distributed energy storage capacity for households and small businesses.
- •This significant deployment signals strong government policy support for behind-the-meter storage, creating a robust market for battery OEMs and installers.
- •The 2GWh of distributed capacity represents a growing pool of flexible resources that can be aggregated into Virtual Power Plants (VPPs), impacting peak demand, grid stability, and creating new revenue streams for developers and IPPs.
- •For large power consumers, this trend indicates increasing grid resilience and potential for reduced peak pricing due to distributed load shifting, while also suggesting new opportunities for demand-side participation.
Topics
storagepolicyfinancingdatacentertransmissioncapacity-marketoem
Article Content
Australia's Cheaper Home Batteries Program has surpassed 100,000 installations, with households and small businesses now benefiting from subsidised battery installations totalling 2GWh of distributed energy storage capacity.