An interim update has been provided by the Climate Council’s Momentum Monitor and they have found that the number of household battery systems have from by 30% since 2023.

The Australian Energy Market Operator found that batteries powered by Australians increased by 91% in the last quarter compared to the same time in 2023. Grid-scale battery capacity has increased by 50% since the same time in 2024. They have provided power during period of high demand and has acted as a shock absorber.

“As the closure date for coal-fired power stations inches closer, there’s an urgent need to invest in the lowest cost, fastest replacement – renewable energy from wind and solar paired with storage, like batteries, to provide reliable renewable power 24/7,” Climate Council fellow Andrew Stock says.

“Renewable electricity generation in the main national grid is hitting record highs. Any excess solar and wind energy we can soak up will keep helping renewables power our homes and businesses around the clock and see more Australians cash in on the benefits by reducing our reliance on grid power during the evening when electricity prices are more expensive.”