Empowering Communities: The Benefits of Solar Sharing Among Neighbors

Empowering Communities: The Benefits of Solar Sharing Among Neighbors

In recent years, the conversation surrounding renewable energy has intensified, especially as more households transition to solar panel installations. In Australia, where sunlight abounds and renewable adoption is high, researchers have underscored an intriguing opportunity for solar-powered homes: peer-to-peer (P2P) energy sharing. This innovative approach allows households to sell surplus energy directly to their neighbors, instead of relying …

Research shows peer-to-peer (P2P) energy sharing benefits

Australian researchers have found that households with solar panels could boost their returns by selling surplus power directly to their neighbours, in a practice known as peer-to-peer (P2P) energy sharing. With solar panels installed in almost 40% of Australian houses (4.1 million homes), the electricity grid is now overloaded with excess energy, driving down the feed-in tariff for most households, with some now questioning the economic value o…