A new report today from the respected analysts Bloomberg New Energy Finance has forecast that a “people-powered revolution” is going to drive the amount of rooftop solar PV in Australia from 10,000 megawatts at the end of this year to 38,000 megawatts by 2030.
That amount of solar in 2030 would be a 57 per cent share of Australia’s electricity generation capacity.
And it says the increase will continue well past 2030, rising to 61,000 megawatts of capacity by 2050, or 84% of Australia’s electricity generation capacity. .
(If you wondering what a “megawatt” is, a big coal-fired power station is around 2,500 megawatts in capacity.)
These are two key findings from the annual New Energy Outlook that this group does. It’s the result of eight months’ analysis from a 65-strong team.
So that’s the good news at a national level.
Here in the Inner West, we still have a long way to go to reach the amount of rooftop solar seen already in many suburbs of Sydney and across regional NSW.
That’s what Inner West Community Energy is working hard to address. Our 36th system is being installed tomorrow and on Friday in Five Dock, our first in that suburb.
If you’re keen to find out how you can install solar PV on your house, our next Solar Information Night is on July 15 at the Rose of Australia hotel in Erskineville, starting at 7pm.
Book via our Events page on Facebook.
More on the Bloomberg report can be seen here at the Renew Economy website: www.reneweconomy.com.au.
- Gavin Gilchrist
- Project Manager
- 0407 663 125