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Monash U has $495 000 from the Australian Renewable Energy Agency to help fund a $1.8m research project on markets for energy storage

Apparently existing market rules do not make for an efficient allocation of stored energy.

Last week ARENA kicked $496 000 to Uni Queensland for modelling performance standards solar farms must meet to connect to the grid (CMM July 19).

This green energy business is apparently harder than putting solar panels on the roof.