So far, we’ve been concentrating on things like the history of solar power blog, its popularity in Australia and the world and on innovations like off grid solar power systems. Our aim here at The Green Power Company is to give you a good idea of what harnessing solar power really means. And one of the most important aspects of solar energy is its storage, i.e. what becomes of the power that is generated but doesn’t need to be used up all at once. Even more importantly, how does one use solar power on a cloudy day, or at night?
Solar Storage Systems
One of the biggest drawbacks of solar systems cited are their initial costs, which could run in the thousands. But given that the solar production market is highly competitive, and the fact that solar power is fast becoming one of the most sustainable forms of energy production in the world, the prices of both production and installation are beginning to fall rapidly. Australia’s solar generation rates are now at about $1.90/watt, which is somewhere in the middle of the countries surveyed, and not as high as consumers might imagine.
The concerns about costs seem to download onto solar batteries and cells as well. The costs of actually producing the solar power appear to be dropping steadily, and the price of storing them seems to be following suit. The solar battery – or the actual device that stores the electricity converted from the sun’s energy – is probably the most crucial aspect of the entire system. And the price debate continues; even as one country wonders if social energy storage will ever be cheaper, the other confidently states that energy storage systems are helping the commercial sector even more than the residential one. The reality, as usual, is probably somewhere in the middle, as usual.
Australia’s Solar Power Storage
While some things like solar rebates have been reduced recently, Australia’s solar power projects still seem to be going strong, partly due to recent developments like the launch of the largest concentrated solar power plant in Mildura. And there are even more exciting things afoot: two new solar power plants at Nyngan and Broken Hills are set to become the largest in the Southern Hemisphere by the time they will be finished in 2015.
And the research into cheaper, more efficient solar storage systems isn’t slowing down either. The image below shows the different technologies used to store solar power in energy systems in Australia, describing the central method behind each.
It seems the future of solar power in Australia and around the world still depends on optimum solar storage systems being developed – basically, we need better batteries to store solar electricity in the best way. Read on as we take a look at some of the most promising new solar storage batteries and technologies in the market today.
At the Green Power Company, we pride ourselves on keeping abreast of the latest developments in the solar power field. Needless to say, we’re keeping our eyes peeled for the next big battery thing.