This report details why ultra low-cost solar is critical for reducing electricity costs and decarbonising hard-to-abate sectors such as industry and transport, and how it can offer exciting green export opportunities for Australia.
Report extract
The main objectives of this paper are to:
- elevate solar photovoltaics (PV) in Australia’s national priorities by outlining the benefits that extremely cheap solar could unlock, and
- communicate key barriers and innovation priorities for ultra low-cost solar to government, industry and the Australian public.
A set of coordinated activities is required to ensure that Australia can successfully deploy the scale of solar PV needed, not just to realise the Government’s target of 82 per cent renewables in our electricity system by 2030, but to reduce the cost of solar PV even further beyond 2030 and realise the vision of Australia as a renewable energy superpower. These activities include ensuring that Australia has a vibrant local solar PV industry, there is off take certainty for new solar developments, there is adequate deployment of energy storage, and new transmission lines are built out.
