Wednesday, 24 June 2026
Rīga TV

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EconomyPublished: 24 June 2026 at 23:36

Home battery boom means fewer new power lines needed, models show

Thanks to a recent surge in home batteries connected to the national grid, fewer new transmission lines will be required, saving money—even as electricity use is expected to nearly double over the next decade.

Foto: The Guardian World

According to the latest modelling, the boom in home batteries linked to the national power grid will reduce the need for new transmission lines, resulting in cost savings. This comes at a time when electricity consumption is projected to nearly double over the next ten years.

Meanwhile, as debate continues over Labor's tax changes, property website Domain predicts that house prices will continue to rise in three cities, despite the broader economic climate.

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