Menu
News

Australia’s a hot market for solar batteries

COMING: Efficient batteries for storing the energy created by rooftop solar panels look like a game changer.
COMING: Efficient batteries for storing the energy created by rooftop solar panels look like a game changer. Matt Yorkap

THE advances being made in home battery storage could lead to Australia becoming the world's number one market for solar batteries.

A new report from the Climate Council says the world's two major battery manufacturers have targeted Australia as their first market.

The report found a potential $24 billion market in Australia for the batteries, with half of all homes expected to take up the technology once available.

It found the biggest savings came from being able to store unused energy to use later, especially during peak consumption hours.

Council chief Amanda McKenzie described the new batteries as a possible "game-changer" for power bills.

She said the cost of batteries and rooftop solar could be as "cost-competitive" as using power from the grid by 2018.

The report also found the rapidly falling price of the batteries could lower the cost of electric cars to similar prices as conventional cars in the next 20 years.

Topics:  batteries climate council editors picks solar energy solar power


Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Region faces wild wind

DESTROYED: Half of the roof of the Moranbah home was ripped off from the 104km/h wind.

Moranbah residents say weather is worse than the cyclone.

Heroic rescue saves life

CLOSE CALL: Leslie Cruthers and Buddha at the spot the playful pup fell into the Nogoa River.

Kayakers rush to save dog walker clinging to riverbank.

National super star at age 13

Competing in Rotorua, New Zealand earlier this year.

Dingo local takes on international motocross competition.

Local Partners