Report says $ 1 billion to benefit from alternative energy

The integration of alternative energy sources into the power grid could generate more than $ 1 billion in benefits for customers, but the network is currently unable to process the amount of 'flow of energy'. "inverted electricity," according to energy experts.

A report released Monday by Energy Networks Australia and the Australian energy market operator indicates that Australia is the world leader in adopting resources such as solar panels and batteries.

However, the report on the required capabilities and recommended actions indicates that a plan of action to integrate these badets in a safe and reliable manner at the lowest cost is necessary to capitalize on the investment.

Andrew Dillon, managing director of Energy Networks Australia, believes that a proper integration of technologies could generate more than $ 1 billion in benefits for customers by 2030.

"Our electrical grid has not been built to accommodate large amounts of electricity from multiple small sources – inverted power flows," said Mr. Dillon.

"Australia has more rooftop solar power per capita than anywhere else in the world, and this surge of solar energy and batteries creates both significant challenges and great opportunities for our local distribution networks.

"The recommendations in this report are designed to shape a future electricity grid allowing us to keep prices low, keep lights on and maximize the use of solar energy and localized storage." . "

AEMO's Executive Director, Audrey Zibelman, said it was a "unique opportunity" for Australia to move to a two-way system for power generation and distribution. .

"AEMO can envision a future where controllable consumer devices will have a market to provide not only power, but also system and network services to reduce overall energy costs and help maintain of the system's security, "Ms. Zibelman said.