From the Director: Reflections on 2024 and Predictions for 2025
As we approach the end of 2024, I’ve been reflecting on what has been an exciting and transformative year for the energy industry and AR Energy. From innovative product launches to significant regulatory updates, 2024 was a year of progress, challenges, and opportunities. Here are some of the standout moments and my thoughts on what’s ahead in 2025.
2024 in Review: Key Highlights
- Revolutionary Three-Phase Systems
This year saw the rise of three-phase hybrid systems, which have completely reshaped what’s possible for households with three-phase power. These systems have enabled whole-home battery backup solutions, offering greater versatility and reliability than ever before. Single-phase systems also made leaps, now capable of full-home backup, further broadening energy storage options for customers. - Updated AS4777 Standards
Changes to the AS4777 regulations were a game-changer, ensuring higher safety and efficiency standards for inverters and energy systems. For businesses like ours, staying compliant has meant adapting quickly, but the benefits for the industry and consumers are clear: more reliable, secure, and future-proof systems. - Greater Transparency from Energy Retailers
One of the biggest shifts this year was seeing some energy retailers embrace transparency by offering wholesale electricity rates and better deals for customers with batteries or electric vehicles. This marks a positive step toward empowering consumers to make informed choices while saving money. - The Arrival of Tesla Powerwall 3
After much anticipation, the Tesla Powerwall 3 finally hit the market. While it’s exciting to see its improved capabilities, the lack of compatibility with earlier models has posed challenges for existing Powerwall users. Nonetheless, its release signals continued innovation in energy storage technology.
Looking Ahead to 2025
The future of energy is bright, and I believe 2025 will bring even more progress. Here are some of the trends and changes I anticipate:
- Increased Battery Adoption
South Australians are leading the way in solar adoption, but with feed-in tariffs dwindling, more households will turn to batteries to maximize their solar investment. Expect to see a significant rise in battery installations across the state. - Growth of Virtual Power Plants (VPPs)
Retailers are beginning to offer affordable batteries as part of VPP programs. These setups allow customers to pool their stored energy, creating a more resilient and cost-effective energy network. I predict that VPPs will gain momentum in 2025, making batteries more accessible to a broader audience. - Advances in Electric Vehicle (EV) Integration
The next wave of innovation will be vehicle-to-grid and vehicle-to-home charging capabilities. Electric cars will increasingly double as home batteries, offering even greater flexibility and efficiency for energy management. This technology is poised to be a game-changer in both the EV and energy industries. - Evolving Energy Tariffs
Time-of-use tariffs will become more widely available, giving customers even greater control over their energy costs. This will encourage smarter energy consumption and storage practices.
A Note of Thanks
To all our customers, partners, and friends, thank you for your support throughout 2024. It’s been an incredible year, and we couldn’t have done it without you. As we head into the new year, we’re excited to keep delivering the best energy solutions and staying at the forefront of industry innovation.
Here’s to 2025—another year of powering homes, businesses, and a sustainable future.
Aidan Riley
Director, AR Energy