The Australian Energy Market Commission (AEMC) is investigating the rapidly evolving energy storage market to help in the development of an effective policy framework. As part of this process the AEMC and the CSIRO have undertaken an analysis of the regulatory implications of integrating energy storage into the electricity supply chain. Energy storage costs are falling and are predicted to follow a similar trajectory to solar panels. While the AEMC looked at barriers and regulatory issues associated with the uptake of energy storage, the CSIRO identified future energy trends. The CSIRO looked at potential applications of storage across the supply chain and analysed which storage technologies might be best suited to the different technical requirements of each application. The AEMC is seeking public feedback prior to releasing its final report.
