Battery storage and rooftop solar could mean new life post-grid for consumers

The Finkel report offers glimpse of opportunity for consumers and businesses to play the electricity market

To illustrate the impact of battery storage on the electricity network in Australia, Prof Guoxiu Wang likes to compare it to the invention of refrigeration.

"Before people invented the fridge, we produced food, we consumed food immediately," says Wang, director of the Centre for Clean Energy Technology at the University of Technology, Sydney. "With the development of appropriate electricity storage technology, the electricity is like our food - you can store it and whenever you need that electricity, you can use that immediately."