Exploring the value of distributed energy for Australia

Abstract

This chapter examines the important role that distributed energy (DE) can play in smart grids in Australia to achieve a low carbon future. It discusses the findings of a recent major government-funded study which showed that uptake of DE could result in potential economic savings of around $130 billion by 2050. It also provides updates of more recent modelling that takes into account sensitivities in the price of natural gas and the price of solar photovoltaic (PV). This chapter further examines the key issues, opportunities and challenges of realising the value of DE in Australia. The analysis highlights the importance of integrating DE with the electricity grid and urban environment and discusses enablers and barriers for large-scale uptake of DE.