Lithium-ion remains the most widespread battery technology in use today, thanks to the fact that products that use it are both portable and rechargeable. It powers everything from your smartphone to the “world’s biggest battery” in South Australia.
The Essential Services Commission (ESC) of Victoria has published 2 new feed-in tariff rates (FiT) for electricity retailers to pay solar energy owners in 2018.
Victoria’s solar feed-in tariff is set to shift to a time-varying model, after the details of the of the new scheme – an Australian first – were finalized by Victoria’s Essential Services Commission.
As rooftop solar continues to boom in Australia, a new report suggests home battery storage could soon follow suit, with uptake predicted to have tripled in 2017, and costs of the key technology expected to halve in less than seven years.