Australia's renewable energy and battery rollout buffers power bills from global price crisis
By
Nick Toscano, Mike Foley
Summary
The article discusses how Australia's rapid rollout of renewable energy and grid-scale battery storage is shielding the country from global electricity price spikes caused by the Iran war energy crisis. Energy consultant Rick Wilkinson notes that after a decade of struggling to convince the public that renewables lower bills, the national electricity market may have "crossed a threshold" with the doubling of installed grid-scale battery storage over the past year, leading to immediate impacts on prices.
Source
bskyAustralia's renewable energy and battery rollout buffers power bills from global price crisissmh.com.auKey quotes
· 2 pulledThis had led to an 'immediate impact on prices'
the national electricity market may have now 'crossed a threshold'
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