This year the federal government will begin rolling out 400 community batteries to store excess energy produced by households — an initiative that is expected to prompt an uptick in solar panel purchases.
"That puts downward pressure on electricity prices for everybody," Mr Blackhall said.Australia has the highest uptake of rooftop solar in the world, according to the Department of Climate Change, Energy, the Environment and Water .
"[The batteries are] designed to solve local issues such as network constraints, over voltage associated with too much solar, and also contribute to the market response to decarbonisation," Rob Amphett Lewis, Ausgrid's Chief Customer Officer, said. Ausgrid is trialling batteries in the Sydney suburbs of Bankstown and Beacon Hill, as well as in the city of Newcastle, north of Sydney.
"This ultimately reduces the amount of investment we're going to have to make in electricity networks over time, which ultimately provides downward pressure on electricity prices for everybody," Mr Blackhall said. It was built in 2020 to "soak up" excess renewable energy, take pressure off substations, and "help out" during demand peaks.
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