The latest report from The Australia Institute corroborates solar’s pivotal role in shaving peak demand, particularly in the event of extreme conditions as seen in January. Renewables performed the best of all energy sources during the record-breaking summer of heatwaves, while coal clunkers were operating well below capacity, the findings confirm.
Stating NSW was once a world leader on climate change, a new Climate Council report notes the state is now far behind being home to Australia’s oldest fleet of coal-fired power generators. While NSW public is highly supportive of renewable energy, state government policies fail to encourage more wind and solar projects beyond 2020.
New myth-busting analysis has revealed that rooftop solar is not so much in vogue among the wealthy, but is more popular among poorer households. Cost-saving benefits are, however, being blunted by high fixed charges, while energy retailers are profiteering from households with solar PV, states the report from the Victoria Energy Policy Climate.
The Western Australian government-owned utility has inked $8.8 million in contracts signed for the first stage of its landmark off-grid program for regional properties. The deployment will be led by local WA companies, Hybrid Systems and BayWa r.e. Solar Systems.
With 21.6% of Australian households living under rooftop solar, analysis of savings gained and costs mitigated under various circumstances is just catching up with the stampede to install PV. One new study by UNSW researchers is instructive, another looks promising for all energy consumers.
After announcing a policy to drive 9 GW of renewable energy within a decade if elected, NSW Labor has pledged to invest $11 million to train and accredit electricians to install and maintain the new solar energy infrastructure in the state.
The Victorian electricity distribution business has proposed network enhancements that aim to drive down power prices starting from 2021. It hopes to boost the safety and flexibility of the grid through the measures, which include network improvements to accommodate more solar and battery storage installations.
The economy-wide costs of rooftop PV subsidies came in at $1.2 billion in 2018, according to analysis by energy efficiency and solar financer and STC trader Demand Manger. While forecasting an increase to $1.56 billion in 2019, Demand Manager has foreshadowed “imminent” changes to Small-scale Renewable Energy Scheme (SRES).
Wholesale electricity prices on the NEM can peak during heatwaves and when aging coal generators conk out. Amber Electric customers can both profit from but also bear the brunt of price spikes, but when they have solar+storage the upside is significant. Importantly solar homes can provide a valuable service to the grid, says Amber Electric Founder and CEO Chris Thompson.
Solar ‘lease-to-own’ installer ShineHub has chosen Hanwha Q Cells as preferred solar panel provider for its Community Solar Program under the South Australian battery scheme.
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