Market-Incentivised Residential Solar Coming?
Interesting Australian Energy Market Commission (AEMC) proposal being floated. Here's an excerpt from the story:
HOUSEHOLDS with solar panels will be able to sell power to the national grid in a way that responds to price signals, so they can make the most money, under a new proposal.
The Australian Energy Market Commission (AEMC) has proposed new market conditions that mean household will be able to sell it to whoever values it the most at a particular point in time.
This could include a local network business or the wholesale market and would mean households would not have to be paid only current feed-in tariffs.
It could also help electricity networks manage peaks in demand that threaten to cause blackouts in South Australia as soon as next summer.