A government-backed incentive scheme established to accelerate the introduction of distributed solar energy storage in the Australian Capital Territory is to be wound up having achieved its target of subsidising the installation of about 5,000 batteries over the past seven years. January 12, 2023 David CarrollThe Australian Capital Territory (ACT) government has announced its Next Generation Energy Storage (Next Gen) program will draw to a close, having provided rebates for more than 5,000 battery installations at Canberra homes and businesses.Initially launched in 2016, the $25 million program was designed to stimulate the ACT’s battery energy storage marketplace and improve access for Canberrans to install a battery.“The Next Gen program was launched at a time when energy storage technology was still in its infancy, so the goal of the program was to stimulate a marketplace…
ACT pulls plug on Next Gen energy storage program – pv magazine Australia
