Battery power is the future
Wednesday, 8 August 2018 12:00 AM
Time to Read: 1 minute
The Bloomberg New Energy Outlook 2018 has predicted that Australia’s power system is on track to become one of the two most decentralised in the world, with PV (solar photovoltaics) and behind-the-meter batteries making up 44% of all capacity by 2050.
According to the Clean Energy Australia Report 2018, last year there were 172,000 household solar PV installations and 12% of these included a battery, compared to 5% per cent in 2016. A total of 28,000 battery systems had been installed across Australia by the end of 2017.
The drop in prices and evolution of lithium-ion batteries and associated technology means that solar panel and battery systems are now affordable for households. G.J. Energy is a new initiative of G.J. Gardner Homes that offers the latest in solar panel and battery technology for home owners. The Eco Utilities solar panel + battery power system can potentially save households up to $20,000 on electricity bills over ten years.
G.J. Energy was recently launched in Gympie, where owner Wojtek Stainwald has installed the Eco Utilities solar + battery power system in his new office to allow clients to come in and see how it works. Mr Stainwald predicts all new homes will feature solar and battery systems within the next five years.
“We are always looking for opportunities for innovation and ways we can use technology to save our customers money,” he said. “We have already sold a number of the systems to customers who see the benefits of this technology.”
Mr Stainwald said the Eco Utilities solar + battery power system will produce up to 90% of a household’s electricity requirements every day and the excess energy can be sold back to the grid. Existing homes can also be retrofitted with the system.
Mr Stainwald has also installed an electric vehicle (EV) charging station in the street outside his office - the first of its kind in Gympie.
With the Bloomberg New Energy Outlook 2018 predicting that EVs would account for 28% of global new car sales by 2030 and 55% by 2040, Mr Stainwald has installed the charging station to meet future demand.
“Battery technology is now comprehensive enough to be financially and commercially viable and is also in line with growth of the EV market,” he said.