> “The new batteries will be spread across major centres in regional Queensland near communities that have significant rooftop solar generation because we know that’s where they will have the greatest overall benefit.
> “The network of the future will not only need to move electricity from where it is generated to where it’s going to be used, but also to when it’s consumed.”
And sure, utilities can buy power from consumers at a lower cost than they charge for power, but that only works until batteries decline to a cost point where consumers simply replace their utilities with batteries. Is that today? Not yet! But with the amount of battery manufacturing capacity spooling up for EVs and utility scale storage, that day will arrive.
https://reneweconomy.com.au/queensland-to-add-more-than-a-do...
> “The new batteries will be spread across major centres in regional Queensland near communities that have significant rooftop solar generation because we know that’s where they will have the greatest overall benefit.
> “The network of the future will not only need to move electricity from where it is generated to where it’s going to be used, but also to when it’s consumed.”
And sure, utilities can buy power from consumers at a lower cost than they charge for power, but that only works until batteries decline to a cost point where consumers simply replace their utilities with batteries. Is that today? Not yet! But with the amount of battery manufacturing capacity spooling up for EVs and utility scale storage, that day will arrive.