The Clean Energy Regulator (CER) released its management report for 2018 on Thursday and not only predicts that Australia will easily meet its big 2020 renewable energy target (RET), but will far exceed that target. In addition, economic factors over the past year have replaced government incentives as the main driver of renewable energy investments, a turning point and a period when commercial and industrial solar panels play an important role.
The purpose of the RET is to encourage investment in large and small initiatives. "By 2018, the report states that the target of 33,000 gigawatt hours of large scale renewable energy will be achieved by 2020." This is undoubtedly good news, but not entirely surprising. Along with the fact that the Abbott government has reduced the RET, it is anything but outstanding.
acceleration
However, the most gratifying conclusion of the report is undoubtedly the recognition that the economic factors in 2018, more specifically between May and December 2018, exceeded government incentives as the main driver of renewable energy investment in the EU. World The great ERC President David Parker has Megawatts who have broken their backs on the camel during this period of about 3766 MW.
Australia is installing solar and wind energy so fast that it is now the world's leading per capita renewable energy rate, surpassing Germany and the UK, "said Parker.
The report also took into account other factors that contributed to the acceleration of trade, such as: For example, the growing number of energy purchase contracts with retailers and businesses; the record level of new construction along with the continuous reduction in technology costs; Incentive systems of states and territories; and "further diversifying the financial models of new project developers with some international participants who do not need debt financing in Australia." The attractiveness of international investors is synonymous with a "new market maturity test".
A large international poll conducted by MinterEllison in Sydney confirms this idea, stating that the activities of international investors in the Australian renewable energy market will increase over the next two years.
headwinds
Of course, the report did not ignore the "win against" caused by network and connectivity limitations as well as adjusted marginal loss factors. These "winds against" are the front-end in public discourse, just as market forces have finally taken control of the transition to renewable energy, at least for large-scale wind and solar projects, the limits of the pre-existing energy grid They seem to be shortening the road.
Of course, the electrical infrastructure is constantly being updated with regard to the energy transition. This continuous adjustment is perhaps the only solution to negotiate "headwinds" through transition. "The unique size and shape of the Australian national electricity market means that the rapid transformation of energy supply requires complex management." The ability of the electricity market to become flexible enough to integrate the growing share of renewables depends on advances such as solar thermal energy, hydrogen and biomass plants. Significant price reductions on large battery storage should also play a role.
Photovoltaic solar
Overall, the CER report indicates that a 5 GW renewable energy capacity has been installed by 2018, including a 1.5 GW small PV PV record, bringing the national cumulative total to more than 8.1 GW amounts to or 3 1 million installations. "Consumers are increasingly being informed about their options," Parker said. "We continue to see photovoltaic growth on the roof for homes and businesses, although subsidies under the Small Scale Renewable Energy Program will continue to decline until the end of the program in 2030."
The average size of small scale photovoltaic installations continued to increase in 2018, an increase of 11% from 6.4 kW in 2017 to 7.1 kW in 2018. However, it should be noted that these are medium-sized photovoltaic systems like a commercial accelerator that was the key economic hub. "In 2018, the number of installed medium-sized photovoltaic photovoltaic systems increased by 34% compared to 2017 and the capacity of these systems by 44% compared to 2017." The range of medium-sized systems is now 15 kW - 5 MW.
Mid-range systems have also proved to be ideal for the reassignment and / or hybridization of agricultural land. In this context, the report welcomed the commercial activities of Yates Electrical Services.
Last month , pv Australia magazine spoke with Yates Electrical Services' Mark Yates : "... one of the main drivers of our business is the introduction of solar agriculture, the reuse and reuse of the soil, which has allowed the launch of new markets created in the region, but also helped farmers to diversify their farming practices, ultimately reducing risks and their only dependence on water. "
The biggest picture
"The transition from the Australian electricity sector to renewable energy is progressing with more installed capacity per capita in Australia than in any other country," said Parker.
With such rapid acceleration, details can easily be lost, but CER reiterates its mission in the report, which focuses on creating a strong sense of compliance and integrity in the industry. The ERC highlights its collaboration with industry in the development of validation initiative for solar modules ( solar panels) as an example of how the industry strives for vigilance with regard to the quality and integrity of services More and more Australians rely on photovoltaic solar energy.
For more information or to read the full report, click here .
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