Beyond Tesla: solar-powered battery could challenge Australia’s soaring electricity prices

By Annie Kane

Australia is at the dawn of a battery storage revolution. A recent report from US-based IHS Technology states that Australia’s energy storage market will grow from less than 500 battery installations in 2015 to 30,000 installations by 2018, while Morgan Stanley has found that half of all households in Australia are interested in installing solar panels with battery storage, with the market potential estimated to be $24bn.

From the lithium battery Tesla Powerwall unit to the lead acid gel battery of AllGrid Energy’s GridWatt system, the Australian market seems to be welcoming one battery innovation after another.

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