Eight companies have been successful in the second round of the ACT’s battery storage auction, with the Government this week awarding $2 million in additional funding for the rollout.
ActewAGL Retail, Energy Matters, EPC Solar, Evergen, ITP Renewables,Origin Energy, Power Saving Centre and Solarhub were the successful companies.
“The grants package will support more than 2MW of solar-integrated storage across more than 600 Canberra homes and businesses,” Mr Corbell said.
“For the consumer, solar energy can be stored during the day and used later in the evening when we see increased usage on the network.
“The ability of smart batteries to provide extra services to the grid also promises additional income streams for households and businesses.”
The grants are part of the ACT Government plan to support the roll-out of 36MW of distributed battery storage in more than 5,000 homes and businesses by 2020.
Research by the Australian Energy Market Commission and AECOM indicates network savings of up to $220 million could result from a 36MW reduction in peak demand on the ACT network.