This article originally posted at Clean Technica. View the original post here. Solar photovoltaic (PV) capacity installed throughout the United Kingdom has apparently reached 5 GW, according to NPD Solarbuzz, making the country just the sixth country to reach the … Continue reading UK Solar PV Capacity Reaches 5 GW
Analysts at French based energy components company Schneider Electric have concluded that extending or expanding Australia’s renewable energy target would lead to lower electricity prices, lower carbon emissions and increased competition.
Last week, Victorian Premier Denis Napthine injected new blood into his frontbench in preparation for the state election this November, promoting member for Morwell Russell Northe as Minister for Energy and Resources.
Northe steps into the role at a time of great uncertainty surrounding the energy sector. The Abbott government’s stacked RET Review clouds the prospects for renewable energy in the country and compounds the impact of Victoria’s anti-wind farm laws. The rooftop solar boom continues to disrupt the business model of the big fossil-fuel-based energy companies and the last scrap of coal power’s social licence went up in the recent fire at the Hazelwood coalmine.
The rise of rooftop solar in Australia has been extraordinary.
In 2009, there were fewer than 100,000 rooftop solar systems in Australia. Now, that number is more like 1,000,000. Rising electricity prices, falling equipment costs, higher levels of environmental awareness and large government subsidies have created the conditions for explosive growth.
Like a child moving into the more complicated world of adolescence, the rooftop solar industry is growing up. As a result, some of the rules governing its behaviour will also have to evolve as support is gradually removed and the industry interacts with the established power industry on a more even footing. This is not a bad thing – it marks the sector’s coming of age.
A good first step was the Victorian government’s decision to decrease the ‘feed-in tariff’ – the rate paid to households for every kilowatt-hour of electricity they export to the grid. On January 1 this year, the feed-in tariff was cut from 25 to 8 cents. This may seem like an excessive cut, but the 25 cent tariff was too high to be sustained with more and more systems being installed, and the impact has been cushioned by lower prices for photovoltaic cells. Critically too, this change only applies to new installations, so it does not undermine the support for customers who got in early to install solar panels when the upfront installation costs were higher. Continue reading “Rooftop solar is growing up”
The Baillieu Government has announced today that it will reduce the Victorian feed-in tariff to a level that is lower than the value of solar electricity in the energy market, according to the Alternative Technology Association (ATA).
The Victorian Government has announced its response to the Victorian Competition and Efficiency Commission’s Inquiry into Feed-in Tariffs for Victoria.
The Government will reduce the feed-in tariff rate for all household generators to eight cents per kilowatt-hour (8c/kWh).
Damien Moyse, ATA’s Energy Policy Manager said “The evidence suggests that electricity generated by solar systems is worth more than the average price of electricity in the wholesale market.
“Solar generates at times of high demand and reduces wholesale electricity prices, which leads to lower bills for all other consumers.”
Today we’re going to let RenewEconomy write our blog for us. According to an article there by Giles Parkinson, rooftop solar photovoltaic installation in Queensland now accounts for nearly half the national market and is apparently growing at 1,000 installations … Continue reading 1000 solar panel installations per day
The following note is from Environment Victoria. We have previously mentioned the inquiry into the state solar feed-in tariff; now you can have your say on its future. Note that submissions are due by THIS MONDAY, the 19th. You may … Continue reading Help to save solar… act today!