Over the next five to 15 years, batteries will undercut the business case for major transmission and interconnector projects. These assets will nonetheless likely be built, decreasing price spreads and eating into the revenues of batteries, solar and storage analyst Warwick Johnston predicts.
Australia’s world-leading uptake of distributed energy resources introduces potential new entry points to the grid, ushering in a legion of complex and novel cybersecurity considerations. The first in a two-part series, pv magazine Australia talks to experts about at what’s being done in this rapidly evolving landscape and where vulnerabilities lay.
Virtual Power Plants, or VPPs, are relatively mature in Australia due to the country’s high penetration of, and familiarity with, distributed energy resources. But claims of VPP success and participation may be overblown, with a considerable gaps between the numbers some platforms are claiming and the realms of possibility.
Record numbers of battery energy storage systems were installed in Australian homes and businesses in 2022 with energy industry consultancy SunWiz reporting more than 47,000 residential batteries were installed across the country last year, a 55% increase on the previous year.
Australia’s rooftop solar capacity has passed the 20 GW threshold, according to analysis from solar consultancy SunWiz. Solar will subsequently overtake coal-fired capacity in April, when a New South Wales coal power station closes – making PV the country’s largest power generator.
Analysis from Sunwiz has revealed Australia’s breakdown of top rooftop solar and inverter manufacturers for 2022.
Large-scale wind and solar farm investment commitments grew nearly 50% in 2022, according to new data published by the Clean Energy Regulator.
Solar and storage analyst Sunwiz is predicting an inversion of many of the trends that dominated the industry in 2022. While rooftop solar has bounced back after a disappointing year, Sunwiz founder Warwick Johnston tells pv magazine Australia, the utility segment’s position looks dire.
Last year was a tricky one for solar, with each segment from residential to commercial to utility behaving quite differently. The industry trends have been laid out in Sunwiz’s latest Australian PV Report and pv magazine Australia takes a dive into what happened and what there is to learn.
In the last years, warranties on solar panels have ballooned up to 40 years, but far from inspiring trust, these documents can end up eroding it. Described as a “hand grenade,” some installers claim manufacturers’ unrealistic installation manuals and poor claiming processes leave them in the lurch when equipment breaks. “I think its the biggest threat to the longevity of my business,” Mark Cavanagh, owner of Queensland-based MC Electrical tells pv magazine Australia.
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