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Australian energy retailers must offer three hours of free daytime electricity

lenergy.com.au

81–90 of 427 posts

Re: Australian energy retailers must offer three hours of free daytime electricity

#82

With 3 hours of free power, a 15kW inverter and a 42kWh battery, I could almost do away with my solar panels and just survive of free grid power. I do have a 15kW solar panel set up, but I get very little from selling anything back to the grid.

Grid power is already cheap. Making things free actually makes people use more power. Its called the rebound effect.

Re: Australian energy retailers must offer three hours of free daytime electricity

#88
post #2

Edited to add: Clarification required in the title that the free energy is only between 11am and 2pm Very interested to see how this turns out. Ultimately we want the transition to benefit both consumers and producers / distributors (the industry). The problem from the rapid uptake of solar in Australia has been an over-supply during this 10/11am to 2/3pm period. If that over-supply is suitably encouraged to be soake…

Surprised they’re putting everyone on same timeslot. Would have expected some staggering to be helpful

Re: Australian energy retailers must offer three hours of free daytime electricity

#89

Incidentally the Netherlands has this too, at least with some providers (Budget Energy for one). I get free electric from 12:00 to 17:00 on weekends.

You do pay taxes.

Well, sure, but that goes without saying?

Re: Australian energy retailers must offer three hours of free daytime electricity

#90
post #14

Incentivizing usage during peak times makes total sense, but if price swings are this wild, how are grid scale batteries not highly economical? My rough ballpark math was that you need roughly 20 kilowatts of battery storage to make this issue basically nonexistent, and that would cost about 10 billion dollars, which doesn't seem that much for this.

> but if price swings are this wild, how are grid scale batteries not highly economical

They are super economical in Australia and the government even offers discounts and interest free loan of 15k to buy them.

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