The Morrison government will invest $2.7 million to subsidise advanced smart meters for households, businesses and schools to monitor energy use, forecasting power bill savings for consumers | micksfoley
The Morrison government will invest $2.7 million to subsidise advanced smart meters for households, businesses and schools to monitor energy use, forecasting power bill savings for consumers.
"Whether it's rooftop solar, battery storage, energy efficiency, controlling electricity loads and appliances remotely, or the uptake of electric vehicles, we need better data to effectively run the future grid consisting of more and more decentralised consumer energy assets," ARENA chief executive Darren Miller said.ARENA is working on the My Energy Marketplace with private company Wattwatchers, which will stump up the remainder of the funding for the $8 million program.
Wattwatchers chief executive Gavin Dietz said energy networks and market operators face a "mission critical challenge" to manage the transition to higher penetration of renewable energy into the national grid.
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