House Tablet

Find The Best Solar Deals In Australia

  • 3 Free, No Obligation, Solar Quotes
  • From Fully Qualified Installers
  • With 1000’s of Customer Reviews
  • Competing for Your Business
Finn Peacock Caricature

Ready for some quotes? Enter your postcode now

Solar power experts back new study

3rd Aug 2012

Well, it doesn't happen often but it seems that for once experts are in agreement with the government - regarding a new study on the future of Australian energy markets.

Published earlier this week, the Australian Energy Technology Assessment (AETA) Report and Model compiled by the Bureau of Resources and Energy Economics (among others) outlined the various benefits of electricity-generation technologies, including solar photovoltaic (PV).

The upshot? It seems that scientists believe solar power will be one of the cheapest ways to produce electricity by the mid-2030s.

And while reports of this kind are usually met with a certain amount of trepidation from industry specialists, a number have already hailed it as a comprehensive and detailed analysis.

Professor Andrew Blakers, director of the Centre for Sustainable Energy Systems at the Australian National University, told academic analysis website The Conversation that the AETA is the only government survey to reflect the "eye-popping" reductions in solar power costs in recent years.

He said: "PV has unlimited potential to supply most of the world's electricity because it utilises the enormous solar resource, requires only a tiny fraction of the world's land area, utilises only very common materials, has negligible environmental and aesthetic impact and has minimal security and military issues."

According to the professor, these aren't the only benefits of solar energy and he reeled off a number of other cost-effective advantages.

He noted that PV can now compete with retail electricity in Australia, with a payback time of up to ten years, while systems last for over double that.

"A solar revolution is taking place that will soon transform Australia's energy system," Andrew explained.

His views were backed up by Professor Ken Baldwin, director of the Australian National University's Energy Change Institute.

Ken described the release of the AETA as a "landmark event" for both Australia and the rest of the world.

"The report is both technology neutral and policy neutral: it puts all technologies on the table and enables a range of policy scenarios to be included," the expert commented.

It will ensure that the country can make informed decisions as it moves towards a carbon-free economy, he added.

Despite this, solar power will still face challenges in the future. The AETA states that wind onshore and non-renewables technology are likely to remain competitive.

Nuclear, carbon capture and storage, and combined cycle gas may still yet achieve some of the levelised cost efficiencies seen in sustainable power, the report said.

Posted by Mike Peacock

Solar Power News Categories

Government Rebate & Regulations
Solar Power & Technology

More Solar Power & Technology

Australia to be a part of huge Asian renewable energy growth
SunPower steps up to make solar more affordable
Canberra makes strides toward carbon neutrality
GTM puts solar's massive growth in perspective
Examining Australia's falling solar PV rooftop prices
Australia's shift toward renewable energy picks up the pace
Australia shines at solar decathlon
University of Queensland tapped as lead researcher on massive solar project
100 per cent renewable energy is possible in 10 years, environmental group says
Climate Commission releases report on solar progress
Aussie government actually shows spine for solar power
Be gone, skeptics: One million solar installations and counting
Australia embarks on its greatest solar journey ever
Australia looks to solar thermal for commercial success
Solar power helps King Island reach 100% sustainability
Australians 'heavy supporters of solar power'
Mildura solar plant officially unveiled
Solar power trumps other renewables in Australian minds
Sunshine Coast solar farm "fantastic initiative"
Sunshine Coast cashes in on namesake with solar plans
Energy storage 'could maximise solar power utility'
Solar powered family car - a world first?
Code of conduct for solar installers in the works
'Stop punishing households' for solar PV
Australian solar companies 'adjusting well'
Australian mining 'next solar frontier'
"Rooftop revolution" underway across Australia
Global PV market emerging from sluggish period
Royalla solar farm receives final approval
Leadership challenge a "debacle" for Australian solar power
Solar power giving global renewables a helping hand
Australia's largest CPV solar power plant up and running
Renewable energy misinformation "staggering"
CEC: Don't underestimate consumer desire for solar
Setting energy efficient examples on TV
Solar PV brightening up household bills
World's largest solar powered boat on the move
Climate change is heating up
The global solar power shift
New solar tech win for NSW
Industry orgs praise City of Sydney solar efforts
Clean Energy Council supports Regional Renewables scheme
Asian nations emerging as PV leaders
Solar PV demand continues to grow
Regional areas of Australia to receive more renewables
Australia's significant renewable energy growth
Solar panel reprieve for Queensland
New funding for solar research
Find love with sustainable speed dating
New Victorian solar power deal