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Australia’s Clean Energy Finance Corporation (CEFC) has made an AU$50 million (US$34 million) loan commitment to Intellihub for smart meters and smart behind the meter devices. Smart meters and behind the meter devices are also important for the better management of our energy grid. Have you read?
Tasmania’s energy minister Nick Duigan has reported that 70% of residential and business customers now have a smart meter. This is in line with the state government target of 100% rollout to homes and businesses by the end of 2026 and well in advance of the national target of 2030. Have you read?
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The project, under way with Perth-based property developer OP Properties, is a 39 apartment building in Fremantle, Western Australia, in which residents will live low carbon through the use of solar panels and battery storage along with Powerledger’s power trading technology to deliver a 50% offset to the building strata levies.
Together the two utilities deliver electricity to around 1.27 million homes and businesses in Melbourne’s central business district and inner suburbs and about two-thirds of regional Victoria. With population growth, home electrification and the rise of electric vehicles, the need for grid flexibility has become increasingly important.
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