The capacity of rooftop solar in Australia will eclipse the country's entire electricity demand in coming decades, according to a report that charts the technology's rise.
The capacity of rooftop solar will soon exceed that of coal, gas and hydro combined in Australia's main grid, a green energy report finds.
The firm said the rapid increase in the number of photovoltaic cells across the roofs of Australian homes and factories would be a key plank in government efforts to decarbonise the economy. "Why would we install more rooftop solar capacity than typical total electricity demand across not just residential customers, but every sector of the economy?"Rapid growth in renewable generation slashed the wholesale cost of power in the national energy grid late last year, and dramatically reduced reliance on coal-fired power.
On top of this, consumers were increasingly buying bigger systems, with the average installation rising from about two kilowatts in size in 2011 to eight kilowatts in 2023.The authors also said that falling prices for solar exports meant households faced little financial risk from "curtailment", which involves the market operator switching off their systems during periods of peak production.
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