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Australia could energise global market for battery power

Grid-scale batteries may help solve energy problems by storing surplus electricity generated by wind and solar power

Published Mon, May 8, 2017 · 09:50 PM
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Melbourne

BATTERY makers worldwide are watching to see whether Australia's most wind power-dependent state can keep the lights on by installing grid-scale batteries by December, which could help drive the growth of renewable energy across Australia and Asia.

A decade-long political stalemate in Australia over energy and climate policy has effectively led to power and gas shortages and soaring energy prices threatening industry and households.

If batteries help solve Australia's problems by storing surplus electricity generated by wind and solar power, countries like Indonesia, the Philippines and Chile could follow suit.

"I call South Australia the 'perfect storm' opportunity for energy storage," said Ismario Gonzalez, global sales director for AES Energy Storage, an arm of US firm AES Corp, which has installed…

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