Intense heatwaves across Europe and Asia coincided with demolition of two chimneys at Australia’s Liddell power station while an Australian energy minister announced up to a 10% fall in benchmark electricity prices in parts of the country. Australia already leads domestic solar, with panels on one in three homes. Nearly 60% of household-scale battery capacity installed worldwide this financial year is in Australia, with about 415,000 batteries connected since July, roughly one per 25 homes. Industrial-scale battery capacity is rising quickly, with Australia trailing only China and the US after connections more than doubled last year. Battery growth is lowering electricity costs from a grid spanning over 900,000 km from far-north Queensland to Tasmania.
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