Only about 15 years behind :-). SEQEB’s rationale in the early...

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    Only about 15 years behind . SEQEB’s rationale in the early naughties for encouraging local power generation was that it reduces the requirement for upgrading distribution infrastructure. Any rooftop solar is a bonus for them, as it’s used locally, reducing peak demand statewide. As the final kW costs something like $20m, the high rebates are justified because of the savings on CAPEX.

    I suspect that hydrogen regeneration power provided locally will prove more economical than Li batteries, unless they can improve their lifespan.
 
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