2023’s record-breaking battery market in charts

It was a record breaking year across the board for Energy Storage Systems in Australia.

There were a record-breaking 57,000 residential installations in 2023, tallying a record-setting 656 MWh of home energy storage systems.

This tally was furthered by a record-breaking contribution to the year’s tally from businesses – 402 MWh.

On top of that, Grid-Scale projects totalled a record 1410MWh (also a new record).

All combined this was 2468 MWh of energy storage capacity deployed in Australia in 2023.

If the new battery capacity installed in 2023 was cycled once daily it would have handled 900 GWh/year of throughput, which is the equivalent of 154,000 homes usage.

The cumulative tally for Australian battery installations for 2015-2023 inclusive is 254,550 systems, totalling 2,770 MWh of residential storage. Plus 593 MWh of storage at businesses and 2,603 MWh of storage at sites >10MWh. All combined, this is a total of 5,966 MWh of battery storage installed since 2015.

And it’s not about to stop there. The energy storage market has a healthy outlook. In 2024, SunWiz anticipates >20% growth in residential ESS, plus 50% growth in commercial storage. All up we predict over 5GWh deployed in 2024, which would be double the volume in 2023 – though much of that prediction depends upon 2024’s deployment levels of grid-scale storage.

Much more ESS market statistics is contained in the 2024 SunWiz Annual Battery Market Report. See https://www.sunwiz.com.au/battery-market-report-australia-2024/ to download a sample.

Interval Meter Data Tool Disclaimer

The Interval Meter Data Tool is designed to convert standard form meter data for the OpenSolar platform.

Users are responsible for meeting the requirements of the data that needs to be uploaded to the tool, which extends to but is not limited to

The completeness and accuracy of the data
Ensuring that there are no missing records
Uploading the data in one of the compatible intervals (15m, 30m or 1h).

Data uploaded to the Interval Meter Data Tool should not contain multiple datasets. In the case an excel file is uploaded, only the first sheet will be considered.

The accuracy of the output is dependent on the user’s dataset, therefore SunWiz does not guarantee the accuracy of the output.

The user must acknowledge that the output of the tool is beyond the control of SunWiz, and they must ensure that the data is accurate on their own behalf.

In the event that the program runs into an issue, the user will be issued with warnings or solutions to address or resolve the issue.

If the user requires additional support, they can avail it as a separate service from SunWiz

Warranties on performance

The Interval Meter Data tool from SunWiz attempts to convert most frequently occurring types of standard meter data file types in specific formats for the purpose of being used on the OpenSolar platform. Unless mentioned otherwise, SunWiz does not extend any guarantee of any kind, either expressed or implied, on the limited success of the Interval Meter Data Tool and the extent of it’s automation. Depending on the user’s upload, the program may require additional inputs, the training for which is not included in the purchase of this service and can be purchased separately.

Input requirements

The Interval Meter Data Tool accepts data in the 15-minute, 30-minute and 60-minute(hourly) intervals. In case the file is uploaded in an excel format (*.xls, *.xlsx, *.xlsm), only the first sheet of the file will be considered. Our tool is required to accept raw meter data, usually highlighted as ‘E’ data in its standard format; and therefore SunWiz does not guarantee that all data formats will be accepted.

For complete automation, the file must adhere to an acceptable standard format. In the case of an issue, the user will be provided with instructions by the tool on how it can be resolved. Warnings will be issued if the data is incompatible, incomplete with missing records and if multiple datasets are uploaded at once.

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Interval Meter Data Tool Disclaimer

Warranties on performance

Quality of inputs

Input requirements

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