An experimental microgrid is set to be launched in Perth, Australia.

The West Australian newspaper reports that apartment blocks will be able to use, store and trade power under a trial of microgrid technology in the south of the city.
Perth Australia
Federal Environment Minister Greg Hunt announced the Commonwealth’s green energy fund ARENA has tipped $1 million into the project in White Gum Valley.

The $3 million project will have solar panels and batteries installed across four separate apartment developments. It would be up to the strata companies managing the apartment buildings to on-sell the electricity to tenants, rather than state-owned power provider Synergy.

The strata companies could sell the electricity cheaper than Synergy or at the same price, currently set at 25.7¢ for every unit of electricity sold.

Homes owners and tenants would also be able to trade power to other apartments within the complex during the day and night.

Headed by Curtin University and backed by Western Power, LandCorp, the City of Fremantle and Balance Services Group, the project aims to establish a viable model for the uptake of solar panels on apartment buildings.