peter mayfield director csiro energy flagship · csiro energy flagship . future grid forum . set...
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Peter Mayfield Director
CSIRO Energy Flagship
Future Grid Forum
Set and forget Leaving the grid
Rise of the ‘Prosumer’ Renewables thrive
Future Grid Forum scenarios
Solar panel uptake has been rapid since 2010
0
500
1000
1500
2000
2500
3000
3500
4000
4500
2005-06 2006-06 2007-06 2008-06 2009-06 2010-06 2011-06 2012-06 2013-06 2014-06
MW
Reported Estimated
Source: APVI
Business models evolution
• Solar panels • Solar panels with storage • Stand alone storage
What
• Small energy service companies • Electricity retailers • Financial and technological global corporations
Who
• Money upfront • Pay as you go • Leasing models
How
Battery storage costs have declined, with further potential
0
200
400
600
800
1000
1200
1400
1600
1800
2000
2005 2010 2015 2020 2025 2030 2035
2014
US$
/kW
h
Source: Nykvist and Nilsson (2015)
Ranking of Australia’s residential electricity prices among developed countries
0 5 10 15 20 25 30 35 40
Canada
United States
Australia
Germany
US cents/kWh
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