Market Insight

An election win for the Liberal-National Party coalition in New South Wales could unlock new funding for energy storage

April 05, 2019  | Subscribers Only

Mike Longson Mike Longson Research Analyst, Solar and Energy Storage - IHS Markit
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Summary:

New South Wales (NSW), Australia’s most populated territory, has elected the Liberal-National Party coalition government for a third term. This result should lead to the introduction a number of policies that promote energy storage. Residential battery energy storage will now be supported by a regional scheme, while C&I and front of the meter systems will be supported by changes to the Strata scheme and the Emerging Energy Program.

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