How can customers trade energy with batteries?

Reposit Power, with its solar battery storage trading and control platform, is one of the companies helping residents in Australia make money by selling stored energy to the grid. Photo credit: Australian Government

Reposit Power, with its solar battery storage trading and control platform, is one of the companies helping residents in Australia sell their stored energy to the grid. Photo credit: Australian Government

By Dr Geoff James
Previously published on www.energystorageforum.com and republished with permission.

When people buy batteries for their homes, they mainly expect to have more energy independence.

But a sophisticated battery system can do more than providing secure backup power or soaking up the output of rooftop PV panels, as a rain tank catches rain.

Considering the whole electricity system, batteries can also resolve the variability of solar and wind energy, paving the way towards a cleaner, greener grid.

This is called ‘balancing the grid’ and batteries are excellent at short-term balancing over seconds, minutes and hours. The best part? There is money to be made from it.
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Coda opens San Francisco charging station

Electric vehicle charging, California

Electric vehicle charging facility. Photo credit: California Energy Commission

Coda Energy, with Energy Vault and Growing Energy Labs (GELI), will deploy the first solar integrated electric vehicle fast-charging station optimised by energy storage in the San Francisco Bay Area, USA.
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