Storage in the National Electricity Market
Is the grid moving in?
Competition and Market Regulation Update
Electricity storage at or above household scale will likely become economic within the next few years, as the cost of batteries come down and generous feed in tariffs slowly expire. Australia could be one of the world's leaders in deploying such technology due to its sunny climate, low population density and prevalence of rooftop solar (already at more than 1.4 million homes).
This update considers the impact of the existing regulatory framework on who is likely capture the value from battery storage.