AGL is first major retailer to launch battery storage
Friday, 1 May 2015
AGL Energy Limited (AGL) today announced it is launching a battery storage device into the Australian market, making it the first energy retailer to do so. The initial offering will be for residential and small business, giving consumers more control over managing their energy consumption.
AGL’s Power Advantage proposition, will include a range of battery storage devices based on lithium-ion technology, making them clean, compact and reliable.
AGL’s Energy Storage Lead, Ed Lynch-Bell says, energy storage is still an emerging technology but is moving very quickly. As such AGL is focused on providing new, innovative and integrated offerings to meet consumers changing energy needs.
"The launch of Power Advantage is another pillar of AGL’s multi-pronged strategy of being a leader in the evolving new energy and disruptive technology space.
"The first device will be capable of storing 6kWh of solar energy and will suit an average family home with 3-4.5kW of solar PV. The battery storage device however could be used in a home without solar PV. The battery will be the size of a large suitcase and will provide consumers with backup for essential home services such as lighting, refrigeration and communications, a welcome peace of mind for potential disruptions of energy supply."
The battery packs, made by a leading international consumer electronics manufacturer and which have been through AGL’s rigorous testing standards, have a long life and are backed by AGL’s extended warranty. A range of attractive finance plans will make energy storage accessible to all.
AGL’s aim is to provide tailored energy solutions for consumers which integrate energy generation and storage. For example, with real time monitoring of a home’s solar power system and the right storage device to suit a consumer’s needs, AGL energy storage devices will enable a consumer to store power and use it when they want.
AGL has plans to develop a suite of products to cater to a range of home and business sizes and types. The 6kwh battery storage device is the first in this range and in the initial phase will be available in limited numbers. Larger battery sizes will be available later this year. People can register their interest for the battery at www.aglsolar.com.au/energystorage
AGL is one of Australia's leading integrated energy companies and is the largest ASX listed owner, operator and developer of renewable energy generation in the country. Drawing on over 175 years of experience, AGL operates retail and merchant energy businesses, power generation assets and an upstream gas portfolio. AGL has one of Australia's largest retail energy and dual fuel customer bases. AGL has a diverse power generation portfolio including base, peaking and intermediate generation plants, spread across traditional thermal generation as well as renewable sources including hydro, wind, landfill gas and biomass. AGL is taking action toward creating a sustainable energy future for investors, communities and customers.