21 Feb '15, 6am

Is Australian Utility-Scale Solar Ready To Take Off?

Will utility scale solar take off in Australia? No. Not without assistance for the following reasons: 1. The current Australian government would prefer to see children down than admit hippies were right about something. 2. Australia has extremely low wholesale electricity prices, among the cheapest in the world, and despite an increasing population electricity use is falling. This means no new utility scale generating capacity will be built without assistance. 4. Australia has the lowest costs for rooftop solar in the developed world and it has already significantly reduced average wholesale electricity prices during the day. Its capacity continues to expand putting further downward pressure on daytime electricity prices. Unlike utility scale solar, Australians still have an incentive to install more capacity even if wholesale electricity prices (and solar feed-in tariffs)...

Full article: http://cleantechnica.com/2015/02/21/australian-utility-sc...

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