Panasonic announces partnership with Australian energy companies to install battery storage technology in 2015

2nd Jun 2015

Panasonic Residential Storage Battery System
Panasonic Australia today announced pilot projects with energy companies ActewAGL, Snowy Hydro’s Red Energy and Ergon Energy to install Panasonic battery technology in solar-installed homes for the first time. Left to right: Mr Miyamoto, Panasonic Corporation; Michael Costello, ActewAGL; Ivor Frischknecht, ARENA; Ramy Soussou, Red Energy; Paul Reid, Panasonic Australia

Panasonic Australia today announced pilot projects with ActewAGL, Snowy Hydro’s Red Energy and Ergon Energy to install Panasonic battery technology in solar-installed homes for the first time, generating efficient, environmentally responsible electricity to ‘shave’ concentrated energy demand.

Storage batteries have the capability to allow more solar energy to be used, with Panasonic modelling for the Australian market showing that the system could increase the self-consumption rate of solar generation from 30 per cent up to as much as 60 per cent.

The residential battery technology stores excess electricity generated during the day by solar panels to provide a reliable, efficient base load for solar-installed households during peak periods. Once fully charged from the day's sun, Panasonic’s lithium-ion storage battery produces a two kilowatt output for four hours.

Panasonic Australia’s Managing Director Paul Reid said the battery storage demand response control will allow retailers to trial different charge/discharge programs to evaluate the effects of distributed storage.

Panasonic Residential Storage Battery System

“Over the 10-year plus life cycle of the battery, our modelling is showing a significant reduction in the reliance of Australian households on the grid during peak periods.”

“The pilot projects are a first for Panasonic in Australia, and Panasonic’s battery demand response system will help distributors model peak shaving effects, realised through solar and battery storage systems and provide a cost effective alternative to grid infrastructure investments.”

“For consumers, it means access to clean solar energy during the evening peak and potentially a lower energy bill. For the retailer, we can provide a levelling out of costs and potential competitive advantage with customers.”

The pilot projects will be implemented in a selected zone of customers with solar-installed households in ACT, NSW and Queensland, using Panasonic’s residential energy storage system to complete the analysis.

Mr Reid said Panasonic has a global track record of world leading innovation, R&D and technological advancement in battery management, delivering innovative industrial-scale products and solutions that benefits the community in new ways.

“Panasonic’s 40 years of accumulated know-how and expertise in lithium-ion battery technology will be brought to bear to help Australia to meet challenges facing its energy system.”

Panasonic Corporation will display the Residential Storage Battery System at Booth 108, Australian Energy Storage Exhibition, taking place at the Australian Technology Park in Sydney from 3 – 4 June 2015.

About Panasonic’s Residential Storage Battery System business

Panasonic’s Residential Storage Battery System has 8kWh usable capacity and 2kWh output, using lithium-ion battery technology to maximise the benefit of residential photovoltaic (PV) energy. It also includes programmed charge/discharge, remote control charge/discharge and an emergency backup feature. It is manufactured by Panasonic in Japan. With more than 40 years of expertise in the field and sales of more than 10 billion lithium-ion cells to date, Panasonic Corporation has a global track record of producing world leading battery technology and innovation over many decades.

Learn more: http://www.panasonic.com/au/business/energy-solutions/residential-storage-battery-system/lj-sk84a.html

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Panasonic Residential Storage Battery System


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