It’s no secret that solar PV is now the cheapest form of new-build utility-scale power generation around, but we’re not far from the point when it will also be cheaper that incumbent fossil fuel generators.
Originally published on Renew Economy. By Sophie Vorrath Scrapping or winding back Australia’s Renewable Energy Target would lead to significant increases in electricity prices, while delivering a windfall profit to power companies of as much as $70 billion, according to new analysis from Bloomberg New Energy Finance. The analysis shows … [continued]
Originally published on Renew Economy. By Sophie Vorrath & Giles Parkinson Rooftop solar is an unstoppable force in the Australian market that will drive the nation’s total installed solar capacity well past 20 gigawatts, regardless of any attempts by the incumbent utilities to thwart its development, Bloomberg New Energy Finance … [continued]
