Tesla are back in the local media spotlight with their announcement that Australia will be one of the first countries to receive their energy storage solution. We may see this product in our market in late 2015.
With utility power consumption rates rising and the costs of providing grid supply to new and remote developments soaring, alternative energy technology is already a key consideration for all new developments.
We are now entering an exciting time where battery storage costs are no longer a prohibiting factor in reducing grid reliance. Storing excess renewable power in batteries allows it to be used at times when it’s needed. Therefore this technology means historically low “feed-in” or “export” tariffs may be coming to an end. The energy revolution is upon us – probably sooner than most had anticipated.
Wood & Grieve Engineer’s Technology Sector team are at the forefront of the battery storage revolution, already assisting our clients in reducing their grid reliance and improving system paybacks.
Tesla’s Australian market offering is eagerly anticipated. The product’s sleek design and the affordable pricing may be a game-changer, but we’re more excited about the market competition it will hopefully create.
Is your project considering being an “early adopter” of battery storage technology? You’re not the only one. Consult with WGE to help answer your questions.
