How community batteries can help the energy transition
SwitchedOn Australia
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Funding the Future: Community Batteries and Financial Viability
This chapter addresses the financial challenges surrounding community battery projects, emphasizing the necessity of full grant funding for their costs. It highlights the decreasing cost of battery technology, the emerging valuation for emission reductions, and the essential collaboration among local councils and energy stakeholders. Additionally, it calls for regulatory reforms to support these initiatives and improve their feasibility in the energy transition.
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