/PRNewswire/ Global leaders and new startups in the semiconductor, zero-emissions, and sports technology sectors will attend the 2022 Future Tech Pavilion.
/PRNewswire/ Global leaders and new startups in the semiconductor, zero-emissions, and sports technology sectors will attend the 2022 Future Tech Pavilion.
Yarra Energy Foundation
MELBOURNE Victorian electricity distributor, CitiPower, and the Yarra Energy Foundation (YEF) have signed a new agreement to unlock the potential of community-scale battery storage in the Melbourne CBD and inner-city suburbs.
The partnership will investigate a ground-breaking new model of community battery ownership including crowdsourcing local investment in what is considered a Victorian-first. The aim is to create a network of batteries, or “solar sponges”, located on the low-voltage electricity network across inner-Melbourne operated by CitiPower. This unique trial will focus on creating a sustainable commercial model that delivers benefits for consumers and networks.
The project’s first phase is underway to identify the trial sites and gauge community sentiment as well as develop the potential funding model and relationships with market service providers including energy retailers. This will inform the second phase, which will aim to deploy the