Sydney’s Nick Pfitzner was the first Australian to install a Tesla Powerwall to go with their residential solar PV system. Four years on and the Pfitzners are living the solar + battery dream.
The SA Government’s standout Home Battery Scheme is now open to new home buyers and new builds. The expanded Scheme is already off to a flying start with the Stoddart Group promising to install 10,000 solar and battery systems over the next four years to create one of the world’s largest VPPs.
The Australian Renewable Energy Agency (ARENA) is in desperate need of a short-term funding extension as its funds to allocate to new projects is set to dry up by mid-2020. The Australia Institute has published a discussion paper urging the Morrison Government to legislate.
After a leisurely break over the holiday period, I have returned to my desk to get right back into the analysis of what I think will be a pretty exciting year for the NEM. Connection difficulties, commissioning delays and stubbornly high storage costs point to uncertainty on the supply side, while strong rooftop uptake continues to whittle out daytime operational demand.
Power generation statistics released by the National Energy Administration appear to confirm the nation added 12 GW of solar last month. China also deployed another 41 GW of polluting coal-fired power plants last year.
Investment in Australian renewable energy capacity fell 40% in 2019 down from record-breaking levels seen in the year before, according to Bloomberg New Energy Finance (BNEF). Spending on large-scale renewables dropped dramatically due to network woes and long-term policy uncertainty but was ameliorated by the rooftop solar segment’s record growth.
The final tally was 2.13 GW of sub-100kW systems registered in 2019 following a record installation surge in December, according to solar analyst SunWiz. This represents a jump of a 35% year-on-year and puts the grand total at 10 GW.
The Australian peer-to-peer (P2P) energy trading pioneer has purchased a 250kW PV system that will utilize the company’s new energy data management and settlement system to provide greater visibility on renewable energy sold to a consumer under a 20-year power purchase agreement.
Australia’s green bank has partnered with Bank of Australia to deliver discounted interest rates to green home builders and buyers. The green home loan is the first Australian financial instrument to use energy efficiency measurement tools to determine eligibility.
Queensland’s first community-scale battery is nearing completion after the delivery of its 4 MW Tesla battery. The battery, to be charged with excess solar power from Townsville’s residential rooftop PV, should connect to the grid by the end of the summer.
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