12 Mar '13, 11pm

How Battery Storage Will Change The Household Energy Market

How Battery Storage Will Change The Household Energy Market

The plunging cost of solar PV means that it may now be half the cost of grid-based electricity, according to some industry estimates. But the economics of buying solar PV systems is still not clear for those who cannot consume most of the energy produced on their rooftops, because owners of rooftop solar systems are now getting paid little or nothing for the electricity they export. So perhaps the time is approaching when the question should be asked: is it worth considering energy storage? Is it cost effective? Should householders go it alone, or in a community group? And what are the implications for other network users? Already, network operators and generators are bleeding because every solar panel that is added reduces demand and eats away at their centralised generation model. Batteries would only accelerate that change. These were a series of questions that were pos...

Full article: http://cleantechnica.com/2013/03/12/how-battery-storage-w...

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