Both major parties in the election race for the Australian state of New South Wales have put forward plans focusing on solar and storage for households, with some mixed but mostly positive reaction from the industry.
Rooftop solar PV systems are estimated to have saved energy consumers in the Australian state of New South Wales between AU$2.2 billion and AU$3.3 billion (US$1.7 billion to 2.6 billion) in a 12-month period, according to a report commissioned by campaign group Solar Citizens.
The Australian Energy Market Commission (AEMC), responsible for regulating the energy market, has dropped a proposal to let power network companies charge rooftop solar owners for feeding their electricity to the grid in a form of ‘solar tax’, after facing resistance from communities.
In a major energy strategy upheaval, the South Australian government is providing significant funding to support energy storage projects, starting with a 100MW grid-connected battery that will be the largest in the country.
Investment confidence has rebounded in utility-scale Australian renewables with more than 20 projects under or about to start construction this year, according to analysis from the Clean Energy Council (CEC).
Victoria’s parliament has passed new laws that make solar feed-in tariff (FiT) rates take into account the avoided social cost of carbon and avoided human health costs attributable to a reduction in air pollution.