Friday, August 14, 2020

What Other Countries Can Learn From Australia’s Roaring Rooftop Solar Market

 Lots of sun, high power prices, and the abundance of single-family homes have driven Australia's residential solar boom.

By Jason Deign

Policymakers looking to speed up renewable energy deployment have a best-practice case study to look to: Australia is rolling out renewables 10 times faster than the global average, offering lessons as to what factors can improve the uptake of clean energy.

A RenewEconomy analysis of International Renewable Energy Agency (IRENA) figures for 2019 shows Australia’s per-capita deployment rate was also four times higher than fast-developing renewable markets such as China, Europe, Japan and the U.S.

In terms of overall capacity, Oceania still only accounts for a tiny share of global renewables. Its 40 gigawatts of renewables amounted to just 2 percent of clean energy worldwide in 2019, IRENA figures show. But it added 6.2 gigawatts of capacity last year, growing more than 18 percent. That compares to 6 percent growth in North America, 7 percent growth in Europe and 9 percent in Asia.

Australia’s modest population of 25 million means per-capita growth rates are even more extreme.

For the rest of the story visit: https://AustraliaRoaringRooftopMarket