This article was originally posted at Energy Matters. View the original post here. Out of 24,000 submissions received during the consultation process of the Renewable Energy Target review, far fewer than 1% called for a reduction in the RET. According … Continue reading RET Review Submissions – How The Numbers Stack Up
This article originally posted at The Climate Group. View the original post here. LONDON: Despite a change in government policy, Australia’s solar industry has expanded considerably in recent years, and today some 2.6 million Australians are getting some of their electricity … Continue reading Australian solar market still strong, with over 3,200MW installed capacity
Originally posted at RenewEconomy. View the original post here.
Solar PV module prices in Australia were cut in half over the 2012-2013 period, falling from $1.50/Wp in 2012 to 0.75/Wp in 2013, according to the latest report from the Australian Photovoltaic Institute (APVI).
The report, PV in Australia 2013, also notes that installed prices for small-scale rooftop solar systems dropped by just under 20 per cent – from an average of around $3 to around $2.50/Wp – in a year that saw the largest market for PV installations in Australia since 2009.
“With PV having reached grid parity against retail electricity tariffs in many parts of Australia and government support reducing, the market is stabilising but remaining buoyant,” the report said.
APVI said that continued increases in grid electricity prices mean PV remained a cost effective option for homeowners across Australia, even without subsidies, and was of increasing interest to the commercial sector.
The report noted that over 1 million Australian homes now had a solar PV system installed, with residential penetration levels averaging 15 per cent nationwide, and over 30 per cent in some areas.
According to the report, the majority of installations in 2013 took advantage of incentives under the federal government’s Renewable Energy Target (RET) scheme, with further drivers provided by grants and finance assistance from the Australian Renewable Energy Agency and the Clean Energy Finance Corporation. Continue reading “Solar PV module prices fell 50% in 2013, storage set to follow”
Original article originally posted at EcoGeneration. View the original post here. The Renewable Energy Target (RET), initially introduced by the Howard Government in 2001, has enjoyed bi-partisan support. In the lead up to the last election the Abbott Opposition committed … Continue reading Green Energy Trading’s Ric Brazzale on Solar PV and the RET