{"id":6532,"date":"2016-06-27T14:38:08","date_gmt":"2016-06-27T04:08:08","guid":{"rendered":"http:\/\/www.solarquotes.com.au\/blog\/?p=6532"},"modified":"2017-10-25T08:23:30","modified_gmt":"2017-10-24T21:53:30","slug":"election-2016-renewables-roundup-week-7-brexit-edition","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/election-2016-renewables-roundup-week-7-brexit-edition\/","title":{"rendered":"Election 2016: renewables roundup week #7 &#8211; the Brexit Edition"},"content":{"rendered":"<div id=\"attachment_6547\" style=\"width: 788px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-6547\" class=\"size-full wp-image-6547\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2016\/06\/brexit-solar.jpg\" alt=\"brexit text on solar\" width=\"778\" height=\"373\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2016\/06\/brexit-solar.jpg 778w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2016\/06\/brexit-solar-300x144.jpg 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2016\/06\/brexit-solar-768x368.jpg 768w\" sizes=\"(max-width: 778px) 100vw, 778px\" \/><p id=\"caption-attachment-6547\" class=\"wp-caption-text\">Q. What does the Brexit mean for Australian Solar? A. Higher prices.<\/p><\/div>\n<p>Well that was interesting wasn\u2019t it folks? Just as the Australian election was drifting off into the sunset, we get hit by the arrival of an enormous, loud and dangerous elephant in the room. I\u2019m talking of course of the surprise Brexit result where Brits voted to exit the European Union, a result that sent shock waves across the world.<\/p>\n<p>Prime Minister Turnbull was quick to grace our screens (sans the hi-vis vest and hard hat this time) to assure us \u2014 in his most statesmanlike voice \u2014 that the vote would not affect Australia in any way. The fact that he looked like a kid hauled before the headmaster, with a trembling bottom lip and shaky &#8220;wasn&#8217;t me, wasn&#8217;t me&#8221; speech didn\u2019t make him look that convincing though.<\/p>\n<p>Next came Bouncing Billy Shorten, who will now see his chances of winning the election recede, also determined to tell us that his party\u2019s policies are the best choice in these now choppy waters.<!--more--><\/p>\n<h2>What does Brexit mean for\u00a0renewables?<\/h2>\n<p>For Britain the news of a Brexit vote isn\u2019t good for the clean energy sector. Formerly the \u201cdirty man of Europe\u201d the UK has been dragged kicking and screaming lately into the clean energy age. Fears are now that the UK may return to these dark days as the country will not be beholden to EU sanctions for non-compliance, nor under the relatively forward-thinking Cameron clean energy policies.<\/p>\n<p><a href=\"http:\/\/renewables.seenews.com\/news\/overview-brexit-charts-uneasy-future-for-renewables-530112\">Brexit Charts An Uneasy Future For Renewables<\/a><\/p>\n<p><a href=\"https:\/\/www.technologyreview.com\/s\/601776\/brexit-brings-chaos-to-europes-clean-energy-goals\/\">Brexit Brings Chaos to Europe\u2019s Clean-Energy Goals<\/a><\/p>\n<h2>Will this affect Australia though?<\/h2>\n<p>With the mother country possibly heading back to fossil fuels, the anti-renewables wing of the Coalition may gain heart. Certainly that\u2019s the risk at a government level (what\u2019s new I hear readers say) but the solar energy and battery storage revolution continues with households. Indeed investment bank <a href=\"http:\/\/reneweconomy.com.au\/2016\/morgan-stanley-battery-storage-grow-four-times-quicker-market-thinks-60277\">Morgan Stanley believes the growth of solar and battery storage is being seriously underestimated<\/a> (and were kind enough to credit SolarQuotes as one\u00a0source for\u00a0their research).<\/p>\n<h2>What will Brexit do to <a href=\"https:\/\/www.solarquotes.com.au\/panels\/cost\/\">solar panel prices<\/a>?<\/h2>\n<p>Solar panels are imported using US Dollars. Most forecasters think that Brexit will push the AUD down against the safe-haven USD. So expect the cost of solar systems\u00a0to rise a few percent in the medium term.<\/p>\n<h2>In non-Brexit news:<\/h2>\n<p><strong>Electricity Prices:<\/strong> Solar Citizens have worked out that Aussies are saving\u00a0<a href=\"http:\/\/onestepoffthegrid.com.au\/australian-households-saving-1-billion-a-year-from-rooftop-solar\/\">1 Billion bucks a year with solar<\/a>.<\/p>\n<p><strong>Cost of wind and solar:<\/strong> IRENA reckon, the cost of producing renewables <a href=\"http:\/\/www.smh.com.au\/environment\/climate-change\/weve-turned-the-corner-australia-set-to-cash-in-on-lowcost-renewable-energy-20160620-gpnqrz.html\">will fall by an incredible two thirds<\/a>\u00a0within 10 years.<\/p>\n<p><strong>Community Energy:<\/strong> The Conversation picks ups the pieces of the major parties\u2019 renewable energy policies and <a href=\"https:\/\/theconversation.com\/power-to-the-people-how-communities-can-help-meet-our-renewable-energy-goals-60702\">investigates the potentially huge role of community energy in our renewables future<\/a>.<\/p>\n<p><strong>Barnaby Joyce:<\/strong>\u00a0Here&#8217;s\u00a0<a href=\"http:\/\/reneweconomy.com.au\/2016\/barnaby-joyce-sitting-uncomfortably-92140\">a report about farmers calling on uber-skeptic Barnaby Joyce to support renewables<\/a>. Good luck with that one fellas!<\/p>\n<p><strong>Malcolm\u00a0Turnbull: <\/strong>And finally in our election renewables roundup, <a href=\"http:\/\/www.9news.com.au\/national\/2016\/06\/26\/03\/33\/climate-protest-in-pm-s-sydney-electorate\">news of protestors calling for action on climate change<\/a> in Malcolm Turnbull\u2019s electorate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Well that was interesting wasn\u2019t it folks? Just as the Australian election was drifting off into the sunset, we get hit by the arrival of an enormous, loud and dangerous elephant in the room. I\u2019m talking of course of the surprise Brexit result where Brits voted to exit the European Union, a result that sent [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"open","ping_status":"open","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":[54],"tags":[19,600,397],"class_list":["post-6532","post","type-post","status-publish","format-standard","hentry","category-solar-policy","tag-cost","tag-malcom-turnbull","tag-politics","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Election 2016: renewables roundup week #7 - the Brexit Edition - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"Just as the Australian election was drifting off into the sunset, we get hit by the arrival of an enormous, loud and dangerous elephant in the room.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/election-2016-renewables-roundup-week-7-brexit-edition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Election 2016: renewables roundup week #7 - the Brexit Edition\" \/>\n<meta property=\"og:description\" content=\"Just as the Australian election was drifting off into the sunset, we get hit by the arrival of an enormous, loud and dangerous elephant in the room.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/election-2016-renewables-roundup-week-7-brexit-edition\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-06-27T04:08:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-10-24T21:53:30+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2016\/06\/brexit-solar.jpg\" \/>\n<meta name=\"author\" content=\"Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/election-2016-renewables-roundup-week-7-brexit-edition\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/election-2016-renewables-roundup-week-7-brexit-edition\/\"},\"author\":{\"name\":\"Staff Writer\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/cdfada92425341cb1b48bf0bcfa1feb7\"},\"headline\":\"Election 2016: renewables roundup week #7 &#8211; 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