{"id":40626,"date":"2020-06-18T08:58:21","date_gmt":"2020-06-17T22:28:21","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=40626"},"modified":"2024-10-01T13:32:23","modified_gmt":"2024-10-01T04:02:23","slug":"australia-energy-storage-forecast-mb1569","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/australia-energy-storage-forecast-mb1569\/","title":{"rendered":"Australian 2020 Energy Storage Capacity Forecast"},"content":{"rendered":"
\"Australia

Image: Manuchi<\/a><\/p><\/div>\n

Research firm Wood Mackenzie predicts Australia’s cumulative energy storage capacity will reach 2.7 GWh this year.<\/p>\n

The company says Australia is set to add 1.2 gigawatt-hours of energy storage capacity in 2020, more than double the 499 MWh that was installed last year. This year will also be the first time front-of-the-meter (FTM) capacity will overtake behind-the-meter (BTM), with FTM pegged at 672 megawatt-hours BTM capacity at 581 MWh.<\/p>\n

As the term suggest, behind-the-meter refers to devices that are on the energy consumer’s side of the meter, such as home solar battery storage<\/a>. So, how many batteries is 581 MWh? It depends as home and BTM commercial energy storage units come in all sorts of capacities, but basing it on the Tesla Powerwall<\/a> with a usable storage capacity of 13.5kWh, it would work out to the equivalent of around 43,000 Powerwalls.<\/p>\n

While FTM energy storage is expected to eclipse BTM installed capacity this year, Wood Mackenzie senior analyst Le Xu says<\/a> this may not continue.<\/p>\n

“The FTM market\u2019s leading position is likely to be short-lived as the industry faces many uncertainties. The coronavirus-led restrictions and economic downturn could cause delays or cancellations to the 4.6 GWh announced projects in the pipeline over the next five years.”<\/p><\/blockquote>\n

With government funding drying up, Ms. Zu says revenue uncertainties and risks of grid connection may prevent projects from attracting private funding, and the FTM segment is likely to contract next year.<\/p>\n

Looking further ahead, Wood Mackenzie estimates that by 2025, Australia\u2019s cumulative energy storage will reach 12.9 GWh. Of that total, 4.2 GWh is attributed to FTM capacity, with most of that being solar-plus-storage –\u00a0 where a solar power plant paired is paired with battery storage.<\/p>\n

\u201cThe costs of energy storage systems will decline 27% over the next five years,” said Ms. Xu. “By 2025, the levelised cost of electricity (LCOE) of both solar-plus-storage and solar-and-wind-plus-storage are expected be cheaper than gas plants.”<\/p><\/blockquote>\n

The Perils Of Energy Storage Uptake Prediction<\/h2>\n

Wood Mackenzie’s prediction for 2025 leaves 8.7 GWh being cumulative behind-the-meter capacity. That’s a big jump.<\/p>\n

Forecasting home energy storage uptake in particular has proven to be a very tricky business in Australia. SQ’s Ronald recently shared his thoughts on why home battery forecasts have been staggeringly wrong<\/a> for years. In 2016, one of the predictions bandied about was 250,000 home batteries would be installed in Australia by 2020. As it turned out, there were around 73,000 in place at the start of this year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Research firm Wood Mackenzie predicts Australia’s cumulative energy storage capacity will reach 2.7 GWh this year.<\/p>\n","protected":false},"author":17,"featured_media":40627,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-40626","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nAustralian 2020 Energy Storage Capacity Forecast - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"Research firm Wood Mackenzie predicts Australia's cumulative energy storage capacity will reach 2.7 GWh by the end of this year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/australia-energy-storage-forecast-mb1569\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australian 2020 Energy Storage Capacity Forecast\" \/>\n<meta property=\"og:description\" content=\"Research firm Wood Mackenzie predicts Australia's cumulative energy storage capacity will reach 2.7 GWh by the end of this year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/australia-energy-storage-forecast-mb1569\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-17T22:28:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-01T04:02:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/06\/australia-energy-storage.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/australia-energy-storage-forecast-mb1569\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/australia-energy-storage-forecast-mb1569\\\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#\\\/schema\\\/person\\\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Australian 2020 Energy Storage Capacity Forecast\",\"datePublished\":\"2020-06-17T22:28:21+00:00\",\"dateModified\":\"2024-10-01T04:02:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/australia-energy-storage-forecast-mb1569\\\/\"},\"wordCount\":413,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/australia-energy-storage-forecast-mb1569\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/australia-energy-storage.png\",\"articleSection\":[\"General Solar & Storage News\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/australia-energy-storage-forecast-mb1569\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/australia-energy-storage-forecast-mb1569\\\/\",\"url\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/australia-energy-storage-forecast-mb1569\\\/\",\"name\":\"Australian 2020 Energy Storage Capacity Forecast - 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The new publication from the Smart Electric Power Alliance details results from information submitted by 115 utilities; representing around 58\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Energy Storage - USA","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/energy-storage-usa.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/energy-storage-usa.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/energy-storage-usa.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/energy-storage-usa.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":27085,"url":"https:\/\/www.solarquotes.com.au\/blog\/behind-meter-code-mb0896\/","url_meta":{"origin":40626,"position":1},"title":"Feedback Invited On Behind The Meter Industry Code Of Conduct","author":"Michael Bloch","date":"January 14, 2019","format":false,"excerpt":"Stakeholders and the public are encouraged to provide feedback a new industry code of conduct being developed to help further protect Australian purchasers of PV and battery systems, along with other \"behind-the-meter\" products. Behind-the-meter refers to technologies, equipment and software involved with the generation and use of energy on-site -\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Behind The Meter Industry Code of Conduct","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/01\/btm-code-conduct.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/01\/btm-code-conduct.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/01\/btm-code-conduct.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/01\/btm-code-conduct.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":95963,"url":"https:\/\/www.solarquotes.com.au\/blog\/neighbourhood-battery-canberra-mb3312\/","url_meta":{"origin":40626,"position":2},"title":"Neighbourhood Battery Powers Up In Canberra","author":"Michael Bloch","date":"November 13, 2025","format":false,"excerpt":"The launch of a neighbourhood battery in the Canberra suburb of Casey sees another milestone achieved in the Big Canberra Battery Project rollout. And we take a quick look at how home battery uptake has been tracking in the ACT. How Big Is The Casey Neighbourhood Battery? In terms of\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Casey Neighbourhood Battery, Canberra","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/11\/casey-neighbourhood-battery.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/11\/casey-neighbourhood-battery.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/11\/casey-neighbourhood-battery.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/11\/casey-neighbourhood-battery.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/11\/casey-neighbourhood-battery.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":36311,"url":"https:\/\/www.solarquotes.com.au\/blog\/sa-water-solar-mb1362\/","url_meta":{"origin":40626,"position":3},"title":"SA Water’s Big Solar And Storage Push In 2020","author":"Michael Bloch","date":"January 10, 2020","format":false,"excerpt":"SA Water says it is investing more than $300 million in solar power installations and energy storage during the course of this year. Electricity is a huge expense for SA Water, costing $55 million in 2016\/17 and jumping to $83 million in 2018\/19. Nationally, the water industry chews through 3,000\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"SA Water - solar energy","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/sa-water-solar.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/sa-water-solar.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/sa-water-solar.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/sa-water-solar.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/sa-water-solar.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":60678,"url":"https:\/\/www.solarquotes.com.au\/blog\/germany-home-batteries-mb2426\/","url_meta":{"origin":40626,"position":4},"title":"Germany’s Home Battery Sales Charging Up","author":"Michael Bloch","date":"April 8, 2022","format":false,"excerpt":"The pandemic, supply chain issues and increasing production and raw material costs didn't put a dampener on Germany's home battery storage market last year - and this year is also shaping up to be a corker. Germany's Energy Storage Association (BVES) has released industry figures for 2021 and a forecast\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Home batteries in Germany","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/germany-home-batteries.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/germany-home-batteries.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/germany-home-batteries.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/germany-home-batteries.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/germany-home-batteries.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":60137,"url":"https:\/\/www.solarquotes.com.au\/blog\/solar-battery-almonds-agl-mb2403\/","url_meta":{"origin":40626,"position":5},"title":"Going Nuts With Solar Power And Battery Storage","author":"Michael Bloch","date":"March 22, 2022","format":false,"excerpt":"A major food and agri-business looks set to get a huge solar and battery storage system to help power its Australian almond production. Olam Food Ingredients (ofi) is Australia's largest producer of almonds, which it grows along the Murray River in the Sunraysia region of Northern Victoria and in New\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Solar to power Australian almond production","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/solar-power-almonds.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/solar-power-almonds.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/solar-power-almonds.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/solar-power-almonds.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/solar-power-almonds.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/40626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=40626"}],"version-history":[{"count":4,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/40626\/revisions"}],"predecessor-version":[{"id":87061,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/40626\/revisions\/87061"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/40627"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=40626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=40626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=40626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}