Modelling by ACIL Allen for the RET Review Panel has estimated the Mandatory RET, to achieve a 20 per cent renewables market share by 2020 to be 25,500 GWh.
The Federal Government announced late on Friday 14 March 2014 that the Small-scale Technology Percentage (STP) for 2014 is to be 10.48 per cent.
Without solar PV, more generating plant would have come under pressure and more customers may have been disconnected in last week’s heatwave.
After several years of volatility the Small-scale Technology Certificate (STC) market that governs solar incentives is now tracking to target.
Consumption of electricity within the National Electricity Market has fallen for the 5th consecutive calendar year – and fell 2.8% in 2013.
The amount of solar being installed might be falling, but we’re on track to meet the STC target. So why hasn’t the Clearing House worked?
Electricity consumption has continued the decline which started in 2009, falling by 2.5% for the first six months of 2013. Here’s why.
The last few weeks have seen a significant reduction in wholesale prices for VEECs and NSW ESCs. So what’s behind the falls?
Despite confusion surrounding the RET, research shows renewables set to increase from 10.6% of total generation in 2011 to 22.5% by 2020.
Achieving the 1 million PV system milestone means solar now powers 11.5% of all Australian dwellings. But there’s more to the latest data than that.