Connect with us

Hi, what are you looking for?

CleanTechnica

Batteries

Panasonic To Sell Energy Storage To Australian Utilities

Panasonic will start to sell energy storage solutions to Australian power companies like Red Energy and ActewAGL this October, according to recent reports. Like Tesla’s energy storage products, built around Panasonic cells, they are lithium-ion batteries. Panasonic energy storage solutions will be available in New Zealand as well.

aussie2

“Power companies in Australia are faced with dropping sales as the installation of solar panels expand and yet they still need to maintain the grids. We have been exploring ways to work together to benefit both users and retailers of electricity,” explained Katsufumi Miyamato, a Panasonic manager.

Australia reportedly has over one million homes with solar panels. It seems the adding of more solar panels has created much greater interest in energy storage, which is only natural. Additionally, having the ability to store electricity generated by solar panels for the times when sunlight isn’t available makes solar power much more attractive.

In fact, Kane Thornton, CEO of the Clean Energy Council estimated that there are about 1,000-2,000 battery storage systems currently in Australia. The largest power producer in Australia, AGL Energy Ltd., announced recently it would be offering a 6 kilowatt-hour battery storage system for homes sometime fairly soon.

A fascinating comment was made about renewable energy and energy storage there. “As home batteries come on the market from as early as next year, people will be able to store power from their solar panels during the day then use it in the evening when demand on the network is greatest. This will reduce the load on the network, cutting power prices not just for solar panel owners but for everyone.”

We often hear that renewable energy is better for the environment, but very rarely about the potential to decrease consumers costs within a grid network.

Sometimes in the American press, the idea that consumer costs will rise is floated because some American utilities want consumers to pay more due to home solar power installations, in order to not lose “too much” of their own profits. Perhaps when energy storage adoption increases, network loads will be decreased as the article mentions (such as peak loads) and some consumer savings will result.

Image Credit: Petra, Wiki Commons

 
Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
 

Written By

Hello, I have been writing online for some time, and enjoy the outdoors. If you like, you can follow me on Twitter: https://twitter.com/JakeRsol

Comments

You May Also Like

Cars

Mark Purcell and his family have just completed a holiday drive, travelling 8000 km from the Sunshine Coast in Queensland to Hobart in Tasmania...

Cars

Large numbers of Tesla Model 3 electric cars were delivered in January 2023 in Australia, making it the best-selling sedan in Australia and the...

Clean Transport

According to our illustrious former Prime Minister, Scott Morrison, electric vehicles can’t tow. “It won’t tow your boat. It won’t tow your trailer. EVs...

Clean Transport

In the hot and humid summer days, Queenslanders like to head to the beach or to the mountains to seek cooler, higher ground. We...

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.