With the Solar Bonus Scheme feedin tariff ending
this year, battery technology is stepping in to give household
electricity generators more control over how they use their energy.
Forget chunky, ugly industrial batteries and think dinky, sleek
pieces of hardware that all your solar panel wielding neighbours
Here's what you need to know:
The Solar Bonus Scheme feedin tariff ends on 31 December
2016. This means the price that those on the tariff can expect to
get from selling their energy to the grid will drop
Enter the battery: Instead of selling surplus energy to the
grid on unsubsidised tariffs, generators can keep hold of the
energy and use it themselves. What this means is that the energy
that is generated during the day when solar panels are in full flow
can be kept and used at a later time, instead of trickling into the
grid at a nominal price.
The same works for any intermittent power source, not just
solar panels. So the electricity from wind turbines can also be
plugged into a battery for storage.
Generators can (and should) be savvy about how they measure,
use and distribute the energy they generate. Smart meters can
calculate net usage, or measure the gross movements of energy
– so that usage can be organised in a cost efficient way. For
instance, net metering is generally better if all the energy
getting generated is used as it's generated, which is kind of
the point when a battery is involved.
And let's not forget carbon emissions – using a
battery can reduce overall emissions from energy usage because the
generator is maximising the amount of energy they use from their
own solar panels, rather than buying energy from the grid.
We do not disclaim anything about this article. We're
quite proud of it really.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
It is a common misconception that the grant of mining tenure, whether it be an Exploration Permit, Mineral Development Licence or Mining Lease, will entitle the holder to access all land within it in order to explore or mine.
The WA Government is considering the steps needed to implement full retail contestability in the WA electricity market.
Some comments from our readers… “The articles are extremely timely and highly applicable” “I often find critical information not available elsewhere” “As in-house counsel, Mondaq’s service is of great value”
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).