ACT provides further USD 2.4m for distributed storage

January 12 (Renewables Now) – The Australian Capital Territory (ACT) government has awarded more than AUD 3 million (USD 2.4m/EUR 2m) as part of the third stage of a grants programme designed to accelerate the adoption of batteries by Canberra homes and businesses.

Six companies — ActewAGL Retail, Harvey Norman Commercial Division, ITP Home Energy, Power Saving Centre, Solargain and SolarHub — have received grants under the latest round of the Next Generation Energy Storage programme, climate change minister Shane Rattenbury announced on Friday. Another two companies, EPC Solar and Evergen, will continue to operate under the programme.

The ACT government wants to support the installation of up to 36 MW of distributed storage in up to 5,000 homes and businesses by 2020. Rattenbury said that currently more than 1 MW of storage has been installed under the programme and the figure is expected to increase fast in the coming year. The initiative supports homes and businesses who connect a battery to a new or existing solar system with up to AUD 825 per kW of sustained peak output.

“Householders with solar and batteries are helping reduce Canberra’s vulnerability to summer peak energy demand while we transition to 100% renewable electricity by 2020 and net zero emissions by 2050 at the latest,” Rattenbury said.

(AUD 1 = USD 0.787/EUR 0.649)

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