Solar power with energy storage will benefit Australian households, AND utility companies
The partnership can actually benefit utilities too, though.
The residential systems (5 kW/20 kWh) will be available to the general residential marketplace in fall 2012, the company states. It will also be offering commercial and utility-scale energy storage systems.
Energy storage and solar join forces in Australia, REneweconomy, By Zachary Shahan 11 July 2012 Solar energy is getting cheaper and cheaper. It’s an excellent choice for homeowners around the world. It can cut electricity bills
dramatically and deliver up some pretty sweet long-term savings. But things get really exciting when you let it play with a cheap, home energy storage system. OK, I’m not sure if there’s a truly “cheap” system out there yet, but prices are falling for those as well, and a decent energy storage system with a solar power system is a match that utility companies probably don’t want to see.
Recent news is that energy storage company Greensmith Energy Management Systems has teamed up with South-Australian solar developer ZEN Energy Systems in the land down under.
“In the agreement, Greensmith will provide software licenses for its
Battery Operating System to ZEN, who will market and deliver a line of
energy storage products in Australia.”
This could be big news.
The partnership can actually benefit utilities too, though. Here are
some more details: Greensmith, previously a provider of turn-key
energy storage systems, has started a shift towards a stand-alone
software and controls business. In this partnership, ZEN will use the
Greensmith Battery Operating System and associated software
applications as the core computing technology inside a new line of
energy storage systems.
These applications include a wide variety of functions for customers
on both sides of the meter; for instance frequency regulation for
utility customers, and cost optimization around on-peak and off-peak
periods for behind-the-meter customers. ZEN will also use Greensmith’s
proprietary Battery Management System to ensure optimal management of
each electron.
ZEN will market the products, manage the supply chain of batteries and
inverters, and deliver the final products to its local customers in
Australia……
The residential systems (5 kW/20 kWh) will be available to the general residential marketplace in fall 2012, the company states. It will also be offering commercial and utility-scale energy storage systems. http://reneweconomy.com.au/2012/energy-storage-and-solar-join-forces-in-australia-18347
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