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Austrália has the largest rooftop solar installation in the world and our fixed feed in prices are 100% a subsidy. We have the ability to price energy in half h
by Affric 3y ago
Austrália has the largest rooftop solar installation in the world and our fixed feed in prices are 100% a subsidy. We have the ability to price energy in half hour intervals for almost every installation in some parts of the country and are on the way to 5 minute intervals.
If it weren’t for the subsidised price and general resistance of consumers to spot pricing we would have someone offering a service offering supply management by rooftop solar installations to increase the spot price, fewer green energy certs being sold, and way fewer installs. We would also see increased battery storage.
In the very long term we would expect electricity generation to become slightly more expensive than free.
People with solar talk a big game but the vast majority of them are thinking about their pocket and just hate our energy industry.
The fact is that if anyone other than a highly niche purely spot pricing business offered a truly fair price for solar the market regulators would be overruled by the government because of the political optics.
And it’s a subsidy that is paid by those who do not have solar.
I just don’t think your comment applies at all here. Perhaps there are other markets and societies but it’s not us. And we have the most rooftop solar per capita on earth.