{"id":48314,"date":"2021-03-11T05:29:40","date_gmt":"2021-03-10T18:59:40","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=48314"},"modified":"2023-12-04T16:23:06","modified_gmt":"2023-12-04T06:53:06","slug":"solar-2021-australia-mb1911","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/solar-2021-australia-mb1911\/","title":{"rendered":"Regulator Expects Another Huge Year For Solar In Australia"},"content":{"rendered":"

\"Solar<\/p>\n

The Clean Energy Regulator’s latest Quarterly Carbon Market Report reaffirms what a successful year it was for renewable energy in Australia in 2020 – and more of the same is expected this year.<\/p>\n

The December Quarter 2020 Quarterly Carbon Market Report released yesterday notes 7 gigawatts of new renewable energy capacity was delivered across Australia last year, exceeding the Regulator’s original estimate of 6.3GW by quite a margin.<\/p>\n

Small-scale Solar Power Shines Again – And Will Continue To<\/h2>\n

3 GW of the capacity installed last year came via the Small-scale Renewable Energy Scheme, so to those Australians who installed solar systems<\/a> in 2020 – take a bow.<\/p>\n

\u201cSustained low technology costs, increased work from home arrangements and a shift in household spending to home improvements during COVID-19 played a key role in the increase of rooftop solar PV systems under the SRES,\u201d said<\/a> Clean Energy Regulator Chair, David Parker.<\/p><\/blockquote>\n

In 2020, more than 350,000 small-scale solar systems (>100 kW capacity) were installed across the country, up around 25% on 2019.<\/p>\n

Rooftop solar PV capacity installed in 2020 was up 40% on 2019 – so not just more installations, but larger systems being installed. The average capacity of new rooftop solar power systems, which includes small commercial installations<\/a>, in the final quarter of last year was 8.5kW.<\/p>\n

950MW of rooftop solar PV capacity was installed in the final quarter of last year, a new record and 27% up on the previous high set the quarter before (760MW).<\/p>\n

With the cost of solar<\/a> continuing to drop, average system size should continue to grow and only really limited by rooftop area and whatever restrictions Distributed Network Service Providers (DNSPs) have in place.<\/p>\n

The Regulator estimates 3 – 4 GW of new rooftop solar PV capacity is expected to be installed this year. Based on Q4 2020’s performance and trends early this year the lower estimate looks unlikely.<\/p>\n

On a related note, last week the Regulator set the Small-scale Technology Percentage (STP) accordingly<\/a>. Since that time, STC spot prices have risen to $39.30 as at the 9th. STCs – Small-scale Technology Certificates – are bits of\u00a0 virtual paper that form the basis of the “solar rebate<\/a>“. High STC spot prices are a good thing for solar buyers, but this continuing throughout 2021 can be affected by a number of factors.<\/p>\n

With regard to solar batteries<\/a>, there were an estimated 2,677 installations that occurred at the same time as panels were installed in the final quarter of 2020, up 22% on Q3 2019.<\/p>\n

“This modest increase in battery installations may reflect that the capital cost of batteries remains a barrier for uptake, despite state and territory incentives.”<\/p><\/blockquote>\n

With home battery prices<\/a> still high, if you’re considering battery storage with a new solar installation, first try SolarQuotes’ solar and battery calculator<\/a> – it will provide you with the estimated savings and payback for solar panels and storage separately.<\/p>\n

Large-scale Renewables Beyond Expectations<\/h2>\n

On the large scale side of things,\u00a0 a few utility-scale power stations that commenced generation and were accredited towards the end of 2020 rather than in early 2021 as previous expected pushed capacity additions past the Regulator’s original expectations. Of the new capacity added last year, 2.3 GW was wind and 1.7 GW were solar energy projects. The report also reconfirms Australia met its Large-scale Renewable Energy Target of 33,000 gigawatt hours at the end of January this year and the Regulator expects eligible generation could reach 40,000 GWh in 2021.<\/p>\n

On average since 2018, Australia has added more than 6 GW of new renewable capacity each year, and this is expected to continue through to 2022.<\/p>\n

The full December Quarter 2020 Quarterly Carbon Market Report can be viewed here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Clean Energy Regulator’s latest Quarterly Carbon Market Report reaffirms what a successful year it was for renewable energy in Australia in 2020 – and more of the same is expected this year.<\/p>\n","protected":false},"author":17,"featured_media":48315,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-48314","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nRegulator Expects Another Huge Year For Solar In Australia<\/title>\n<meta name=\"description\" content=\"New report from Clean Energy Regulatory 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This figure will increase as there is\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Small scale renewable energy systems","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/solar-installations-july.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/solar-installations-july.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/solar-installations-july.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/solar-installations-july.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":17015,"url":"https:\/\/www.solarquotes.com.au\/blog\/small-solar-australia-mb0320\/","url_meta":{"origin":48314,"position":1},"title":"October Was A Bumper Month For Small Scale Solar In Australia","author":"Michael Bloch","date":"November 22, 2017","format":false,"excerpt":"Green Energy Markets' latest Renewable Energy Index states small scale rooftop solar power systems installed in October across Australia will deliver $195 million in power bill savings over the next ten years. \"Electricity consumers are flocking to solar to shield themselves from the significant electricity price rises that have unfolded\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Australian solar panel installation statistics","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/solar-pv-statistics.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/solar-pv-statistics.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/solar-pv-statistics.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/solar-pv-statistics.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":38839,"url":"https:\/\/www.solarquotes.com.au\/blog\/renewables-australia-2019-mb1479\/","url_meta":{"origin":48314,"position":2},"title":"2019 A Great Year For Renewables In Australia","author":"Michael Bloch","date":"April 9, 2020","format":false,"excerpt":"While it wasn't without its challenges, two reports released this week paint a very rosy picture of how renewable energy fared in Australia last year. On Monday, the Australian Bureau of Statistics (ABS) published data on employment in renewable energy activities in Australia in 2018-19. The report states annual direct\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Renewable energy Australia - 2019","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/04\/renewables-australia-2019.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/04\/renewables-australia-2019.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/04\/renewables-australia-2019.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/04\/renewables-australia-2019.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/04\/renewables-australia-2019.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":14481,"url":"https:\/\/www.solarquotes.com.au\/blog\/renewable-energy-index-australia-mb0183\/","url_meta":{"origin":48314,"position":3},"title":"Australian Rooftop Solar Generated 7,206 GWh Of Electricity In 2016\/17","author":"Michael Bloch","date":"August 28, 2017","format":false,"excerpt":"From July 2016 to June 2017, renewable energy in Australia generated enough electricity to power 7.1 million homes, representing 70% of all households. The Renewable Energy Index 2016-17 Benchmark Report, prepared by Green Energy Markets and funded by GetUp!, states renewables comprised 17.2% of the electricity generated in Australia's National\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Renewable Energy Index 2016-17 Benchmark Report","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/renewable-energy-index.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/renewable-energy-index.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/renewable-energy-index.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/08\/renewable-energy-index.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":48101,"url":"https:\/\/www.solarquotes.com.au\/blog\/stp-solar-australia-mb1893\/","url_meta":{"origin":48314,"position":4},"title":"The STP And Going Solar In Australia In 2021","author":"Michael Bloch","date":"March 4, 2021","format":false,"excerpt":"The Clean Energy Regulator has announced the Small-scale Technology Percentage (STP) for 2021 - here's what that means for Australians considering going solar. Australia\u2019s \"solar rebate\" is based on Small-scale Technology Certificates (STCs) that are created for eligible solar power system installations. 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Among its responsibilities, the Regulator oversees programs operating under Australia\u2019s Renewable Energy Target; one of which is the Small-scale Renewable Energy Scheme (SRES). The SRES is the mechanism that provides Australia's\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Clean Energy Regulator annual report","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/11\/clean-energy-regulator.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/11\/clean-energy-regulator.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/11\/clean-energy-regulator.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/11\/clean-energy-regulator.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/11\/clean-energy-regulator.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/48314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=48314"}],"version-history":[{"count":3,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/48314\/revisions"}],"predecessor-version":[{"id":80447,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/48314\/revisions\/80447"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/48315"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=48314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=48314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=48314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}