Australia targets 1 million home batteries by 2030 to enhance renewable energy capacity and reduce power line needs.

Australia aims to enhance its renewable energy capacity through home batteries, potentially reducing the need for new power lines. The Australian Energy Market Operator (AEMO) highlights the importance of sufficient energy storage as coal-fired power stations retire. With 250,000 home batteries installed, the goal is to reach one million by 2030. The 2024 National Battery Strategy seeks to position Australia as a competitive battery producer by 2035, requiring government incentives for affordability and adoption.

September 11, 2024
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