Research shows that with more than 3 million rooftop solar system deployed in Australia, rooftop PV power generation will surpass coal-fired power generation by 2025. Australia has installed so much capacity rooftop solar system and large-scale PV plants that electricity generation typically exceeds electricity demand by midday each day. The introduction of battery storage system home could bring greater value to electricity consumers. And will bring greater improvements in power reliability and affordability.
Australia benefits most from battery energy storage system
Among developed countries, Australia is likely to benefit the most from residential battery storage.
1. Australia is very suitable for developing rooftop photovoltaic systems because of the following reasons.
· High levels of solar radiation;
· Low-density housing provides ample roof space for photovoltaic systems;
· The utilization rate of rooftop photovoltaic systems is already very high, and the photovoltaic installation industry is also very efficient and reduces costs
2. High-cost power grid distribution system;
3. The high cost of natural gas power generation (relative to North American countries) and the climate well suited to the use of heat pumps make it highly cost-effective to fully electrify homes.