A key aspect to a distributed energy future, powered by renewables, is the ability to store energy during the solar peak (in the middle of the day) to be used—or dispatched—when it’s most valuable (like in the early evening peak).
Doing so provides benefits for both the battery owner, but also for the broader energy ecosystem. We believe that home-scale battery technology has a significant role to play in this regard. While the control mechanisms for behind-the-meter storage are still relatively nascent, batteries are growing in popularity, as the economics improve. Tesla’s Powerwall 2 announcement late last year had a big impact, with other manufacturers dropping their prices to match and spurring a lot of interest in the community.
This content taken from here: https://www.linkedin.com/pulse/nsw-home-solar-battery-guide-grant-young/
Link to PDF: http://upperhunter.nsw.gov.au/f.ashx/documents/general-publications/NSW-Home-Solar-Battery-Guide_WEB.pdf