Energy produced by solar panels on 3.5 million Australian households is equivalent to four Snowy Hydros, but not enough is being done to capitalise on it.
The head of the energy market rule maker acknowledged that integrating rapidly growing consumer energy resources such as rooftop solar and household batteries into the power grid is a huge opportunity that has not been grasped quickly enough.
“I’ve been really encouraged this week in fact that there have been calls for the AEMC and other market bodies to go faster in this part of the energy transition,” she toldOne bullish estimate suggests better capitalising on consumer energy resources could save Australians as much as $6.3 billion, and not just the owners of the assets. But Ms Collyer warned that some delay in pursuing the opportunity was warranted to ensure the benefits were shared.
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