Analysts from UBS say energy markets are facing a revolution caused by the success of unsubsidised solar. They say solar costs have fallen so far, it was a no-brainer for households to install rooftop solar, turning customers into competitors for utilities. The implications for coal-fired generators could be devastating.
Tag: "feed in tariffs"
The UK government’s Electricity Market Reform bill will usher in a new era of feed-in tariffs for ALL power generation, including new nuclear plants.
One of the principal architects of Germany’s push into renewable energy technologies believes that his country could achieve 100 per cent renewables in its electricity sector by 2030 – and may do it quicker. The rest of the world could follow soon after – at a cost of just $100 trillion, about half the cost of not doing it.
The ACT government has launched the nation’s first auction for a large scale feed in tariff. It aims to be the nation’s “solar capital”, but it says much about solar in this country that 40MW should be enough to earn the title.