The Smart Energy Council has sketched out a scenario that demonstrates that Federal Labor’s plan to provide $2000 rebates for residential battery storage units, assuming they have rooftop PV installed, will save households between 60-80% on their power bill. In all Australian states, SEC finds that battery paybacks under the subsidy will fall to 3.5–10 years.
Australia’s first Solar Asset Management conference to be held June 26-27 in Sydney recognises a new phase for the country’s large-scale solar sector, as well as the urgent need to drive efficiency from projects, both in the planning and the 25- to 35-year O&M life stages of each project.
The Victorian government is giving smaller solar installers eight months to sign up to the Clean Energy Council’s Solar Retailer Code of Conduct if they want to qualify for the Solar Homes program. For larger retailers, the deadline to become Approved Solar Retailers is July.
The 2018 NSW Smart Energy Summit was crowded with attendees eager to hear former Prime Minister Malcolm Turnbull, unfettered by party politics, address the state’s solar and renewables sector.
As the debate heats up in the run up to Friday’s COAG meeting, the Victorian government has issued a last-minute call to redraft the proposed National Energy Guarantee (NEG), and the Australian Capital Territory has redefined its NEG approval conditions in regard to the emissions target. Meanwhile, Australia’s peak renewable energy bodies have taken opposing positions.
Describing it as the “D-Day for renewables”, the Smart Energy Council is raising funds to campaign against the National Energy Guarantee – as currently proposed by the government. The solar and storage peak body has called for a 45%-by-2030 emissions reductions target as opposed to the current 26%.
There is absolutely no doubting that the installation rate of solar PV, both rooftop and utility scale, is growing extremely quickly. An exciting development, yeah, but installed capacity isn’t likely to double in 2018.
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