The fires, C19 pandemic, lockdowns, and all the social and economic repercussions of last year have contributed to a recent lack of government’s help towards renewable energies and more specifically, solar batteries. The absence of a national climate and energy policy framework has resulted in businesses and governments pursuing their own interest, and quite often, working at cross-purposes. Despite this situation, battery installations nationwide continue to increase.
What is even more impressive, numbers are significant. According to the National Energy Emissions Audit Report by the Australia Institute, the impact of renewables displacing fossil fuels in the National Electricity Market (NEM) had a greater impact on emissions than the pandemic itself.
Solar battery storage in numbers
The amount of solar battery installations in 2020 has increased to a whopping 31,000; so we expect this is a trend to stay.
A record high share of renewables means a record low share for fossil fuel generation, which is a great thing for our wallets too. The Institute found that gas makes electricity more expensive, so any policy that forces up the volume of gas generation can only force electricity prices up as well. This adds up to the analysis by the Victoria Energy Policy Centre, which claims solar PV pushed up network prices by $1.3/MWh while reducing wholesale electricity prices by $6.4/MWh – a net benefit for all grid consumers.
Strong customer demand saw more than 22,000 small-scale batteries installed in 2019, taking Australia’s household storage capacity beyond 1 GWh for the first time. The amount of solar battery installations in 2020 has increased to a whopping 31,000; so we expect this is a trend to stay. As technology improves and battery storage makes more sense, our future through renewable energy remains bright in the horizon.
It is no wonder Australians demonstrate a passion for self-empowerment through solar batteries. We make use of our abundant and cheap solar power capacity, we reduce our reliance on fossil fuels, we cover some of our own electricity consumption at night, we increase our energy independence, and most importantly, we take power back into our own hands.
Rooftop solar and batteries are critical in replacing Australia’s power stations, ensuring affordable and reliable power supply for everyone. Members Energy is right there with you, at the forefront of change.
Clean Energy Council. (2020). Clean Energy Australia Report 2020. Retrieved from https://assets.cleanenergycouncil.org.au/documents/resources/reports/clean-energy-australia/clean-energy-australia-report-2020.pdf
Sadler, H. (2020). Renewables reducing energy emissions more than pandemic. Retrieved from The Australia Institute: https://australiainstitute.org.au/report/renewables-reducing-energy-emissions-more-than-pandemic/