A new market is expanding rapidly for solar batteries in Australia. Homegrown company Allgrid have welcomed the competition posed by Tesla's entry into the market resulting in increased customer enquiries. Allgrid believe that their product will be significantly cheaper than Tesla's batteries because of their reliance on cheaper lead acid gel batteries. Could a similar market develop in the UK? Are lithium-ion or lead acid gel batteries sufficiently cheap to be considered as part of a landlord's ongoing investment in commercial property to meet the 2018 minimum energy efficiency standards?
Tesla and AllGrid are among a broad field of players looking to capitalise on a promising market for solar batteries in Australia, where per capita take-up of rooftop solar panels leads the world...Energy storage systems give households with solar power the opportunity to further cut reliance on the nation’s largely coal-fired electricity grid, even during peak demand times when the sun has gone down. AllGrid claims its storage systems, which are assembled at a factory in Brisbane’s south, can cut household grid power consumption by 75%.