The Australian Energy Market Commission (AEMC) has decided to give energy businesses an extra three months to prepare the IT overhaul necessary for the five-minute settlement market reform. The decision comes in response to concerns that the unprecedented impacts of Covid-19 necessitated extra breathing space.
Nationwide analysis from Natural Solar’s live monitoring systems shows a 105% increase in Aussie household electricity in Q1 2020 as compared to 2019, a spike resulting from the lockdown implications of the Covid-19 pandemic. However, many Australians, like the 100% of Mulpha’s ‘Smart City’ buyers in Sydney’s North-West, will be buffeted from bill spikes thanks to home solar and energy storage systems.
Analyzing its fleet of solar sites, Solar Analytics has found that energy consumption in households due to Covid-19 confinement is up only slightly, if at all. While this is good news, the great news is that the onsite consumption of free solar power in these households is up significantly.
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