Electricity transmission: Pay households with solar and battery systems and they will use energy wisely

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Electricity transmission: Pay households with solar and battery systems and they will use energy wisely
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If you offer money to householders to provide power at certain times or to reduce demand, they will happily do it – provided it isn’t just a pea and thimble trick.

A number of Australia’s electricity networks have been undertaking trials co-funded by taxpayers via the Australian Renewable Energy Agency which have been making groundbreaking findings.It’s astounding, I know, but they’ve found out something else, too: if you offer to pay householders to provide power at certain times or to reduce power demand, they’ll happily do it.

But if you own a battery or a solar system, or you are thinking about purchasing these things, you should be thankful that trials in the remote control and co-ordination of household power equipment, such asFirst is that it should mean it becomes easier for you to connect to the grid a solar and battery system as big as you want .

Essentially, the current average-sized home battery will be underused just serving the household’s electricity needs, and should export power to the grid. Yet home battery system capacity will probably grow over time to be much bigger than 12 kilowatt-hours. Hopefully, government officials will wake up to the fact that the time for taxpayer-funded trials has ended and it is time for implementation. They might even realise that waiting and hoping for a monopoly to innovate is akin to waiting for hell to freeze over.

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FinancialReview /  🏆 2. in AU

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