Page 4374 - Week 12 - Wednesday, 25 October 2017

Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Debates(HTML) . . . . PDF . . . . Video

(g) the ACT is the renewable energy capital of Australia and is leading the country in battery storage by supporting the installation of 36MW of energy storage across more than 5000 households and businesses by 2020, through the Next Generation Energy Storage Grants;

(2) notes the ACT Government is investing in the following programs supporting the take-up of battery storage and solar:

(a) in 2016, the ACT Government awarded three grants of $200 000 each for Canberra households and businesses to install battery storage systems across the ACT;

(b) following the successful pilot program in 2016, the ACT Government announced that under the Next Generation Renewables program, the ACT will be investing $25 million for battery storage systems for Canberra households and businesses, marking one of the largest rollouts of battery storage in the world;

(c) the ACT Government is investing $4 million of grants to subsidise the cost of installing battery storage systems across the ACT; and

(d) the ACT Government has also committed to invest $2 million of solar installation grants for low income households;

(3) notes that battery storage is a key technology in the ACT’s transition to renewables and providing energy market stability, and:

(a) the ACT Government has one of the most ambitious battery incentive programs in the country;

(b) the Finkel Review has recommended that State and Territory Governments should engage with the COAG Energy Council to identify options for subsidised funding mechanisms for the supply of energy efficient appliances, rooftop solar photovoltaic and battery storage for low income consumers;

(c) the Finkel Report Independent Review into the Future Security of the National Electricity Market: Blueprint for the Future released by Australian Chief Scientist Dr Alan Finkel outlines a blueprint, that provides consumers with financial rewards if they agree to manage demand and sharing resources of solar panels and battery storage;

(d) the preliminary Finkel Report cited the lead taken in the United States, where the Federal Energy Regulatory Commission has proposed changes to the rules in order to require market operators to revise their electricity tariffs, in order to better accommodate the participation of battery storage systems, and allow distributed energy resources aggregators to participate in the market;

(e) the ACT community has demonstrated a high take up of renewable technology, with Climate Council poll Energy Storage: Poll of Australians August 2017 revealing that 9.1 percent of ACT residents own a battery system which is the highest in Australia, with another 72.7

Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Debates(HTML) . . . . PDF . . . . Video