Growing Solar and Battery Installations in Australia Create New Data Market

  • 📰 abcnews
  • ⏱ Reading Time:
  • 18 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 83%

Technology And Energy News

Solar,Batteries,Smart Meters

With the rise of home solar and battery systems in Australia, a new market is emerging for the data collected by smart meters. Consumer advocates warn of potential misuse, urging regulation to protect consumer interests.

As household solar and battery installations increase in Australia, a new market is developing for the data collected by smart meters. Homeowners are generating valuable resources that can be used to supply power to the grid. However, consumer advocates are concerned about companies capitalizing on this market and excluding consumers from potential profits. The situation is urgent, requiring regulation to prevent misuse of customer data.

The story of Kerry Bradbury, who installed batteries and solar panels to manage her energy costs, illustrates the potential benefits and concerns. She now pays to hand over control of an asset that could be monetized. Australia's energy vision includes smart, clean technology that can support the grid while reducing consumer bills

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines