Australia’s Essential Services Commission (ESC) proposes dropping the minimum flat feed-in tariff for solar PV to AU$0.04/kWh from 1 July 2025-26, down from the current AU$3.3/kWh in 2024-25.
The Australian Energy Market Commissioner (AEMC) has released a final determination to enable virtual power plants (VPPs) to compete directly with large-scale generators in Australia’s energy market.
The Australian government has commenced a review of the National Electricity Market (NEM) to identify how it will operate in the coming decades and facilitate the uptake of solar PV.
The Australian Energy Regulator (AER) has said that a delay in new renewable energy and energy storage capacity coming online on the National Electricity Market (NEM) in 2023-24 means the grid will reach 6.4GW at full capacity next year.
UK-based research group Cornwall Insight has projected that Australia’s National Electricity Market (NEM) will add 150GW of solar PV, wind and energy storage capacity by 2043.
The Australian Electricity Market Operator (AEMO) has signalled that solar PV, energy storage and wind projects looking to connect to the National Electricity Market (NEM) at the end of Q3 2024 surpassed 45GW.
The Australian Energy Market Commission (AEMC) has opened a new consultation today (10 October) exploring the use of smart data to optimise consumer energy resources (CERs) such as solar PV and batteries.
Non-profit organisation Climate Council has signalled that Australia, the global leader in rooftop solar PV installations, could add a further 26.4GW by the end of the decade, bringing its total to 49.4GW.
