With clean energy being generated at lower and lower prices around the world, solar power is playing a leading role in bringing the curtain down on coal, and will help the decarbonization of transport and space heating too.
The International Energy Agency says more than 2 million electric vehicles hit the road last year, to take the total to more than 5 million. The agency has stressed the importance of public policy, charging infrastructure and a fall in costs for continued EV uptake, and says up to 43 million EVs could be sold in 2030.
The Australian arm of German energy storage provider Senec has welcomed Mark Keogh as a shareholder and member of the board of directors. Keogh is the founder and CEO of UON, a WA-based provider of turnkey power, air and water solutions to the mining and resources industry.
Solar-plus-storage could be competitive against gas peaking power plants in Australia within the next five years, as the average solar-plus-storage LCOE across the Asia-Pacific region is set to fall from $133/MWh this year to $101/MWh by 2023, according to a newly released research report.
The latest figures from the Australian Energy Market Operator (AEMO) show that solar continues to eat into the share once firmly held by coal on the back of a dramatic increase in installations over the past 12 months. The trend was backed by energy storage facilities which continued to gain foothold as providers of frequency control and ancillary services, lowering overall costs in the first quarter of 2019.
Federal Labor has pledged to roll out solar PV and batteries at schools across Australia and create virtual power plants supporting up to 365 MW of capacity.
The first virtual power plant to be announced since the last year’s launch of the Home Battery Scheme in South Australia is picking up the pace with the addition of Eguana Technologies’ Evolve to the list of eligible energy storage systems.
California utility PG&E has tested levels of residential solar power up to 100% penetration, and how to mitigate the effects of voltage and thermal overload via smart inverters and traditional transformer and circuit upgrades — with smart inverters shown to allow for up to 100% penetration at cost-effective pricing.
Australian researchers are developing short-term weather forecasts for solar farms to help them precisely predict output as little as five minutes in advance.
An online platform to connect medium to small-scale solar energy producers with independent electricity buyers will launch in the coming months in South Australia.
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