The AEC has published a paper which is a collaboration with Energy Consumers Australia and the AER Customer Reference Group on the estimation of the market risk premium (MRP). The MRP is used as part of estimations to ensure that consumers are paying no more than is necessary.
The role of consumers in the energy transition will continue to grow in significance. The Australian Energy Council’s members and other energy sector participants recognise the increasing role of CER in the energy transition as well as the value it can deliver to consumers.
By the end of the first quarter this year solar PV installations had put been fitted to more than 3.7 million Australian rooftops with a capacity of 22.58GW, according to the Clean Energy Regulator. In addition to the latest installation statistics, we take a look at other developments with rooftop solar, as well as the impact utility-scale solar is having on price setting in the National Electricity Market.
Our appetite for solar PV continues. At the end of the third quarter, Australia’s total installed solar rooftop capacity had reached 21.2GW. More than 68,000 new installations were added to the grid in the quarter with a total installed capacity of 620MW. In addition to the latest installation statistics, we take a look at other developments in the sector, including its levelised cost of energy and the average payback period for solar PV systems.
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