ARENA Announces $120 Million To Roll Out Community Batteries Across Australia - CleanTechnica

1 hour ago

With all this clean solar, the Australian Government now wants to help store some of the excess in community batteries. Community batteries provide energy storage in the distribution network that can store excess solar energy for later use, putting downward pressure on household electricity costs, and easing pressure on the local electricity grid. ARENA CEO Darren Miller said community batteries represent the next step in optimizing distributed energy resources in the electricity grid.

As part of the 2022/23 Federal Budget, the Australian Government allocated $200 million for the Household Solar budget measure to deploy 400 community batteries across Australia. ARENA was allocated $171 million of this funding to deliver at least 342 batteries. ARENA has allocated $120 million to Round 1 and intends to allocate the remaining funding to a future round, based on learnings from this tranche.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New silicon anodes could help EV batteries go farther, charge fasterA new generation of electric vehicle (EV) batteries that hold more energy, achieve longer driving range and charge more quickly should begin reaching customers by mid-decade, powered by new silicon-based electrodes that are slated to go into production next year in central Washington state. sf4d74 $ENVX joceyreyes209
Source: Reuters - 🏆 2. / 97 Read more »