Wednesday, March 20, 2024

INTERMITTENT WIND AND SOLAR--Aussie Renewable Investment Slumped 80% in 2023

Rooftop solar / battery installations were the exception. Perhaps Aussie households are preparing for the coming grid failure? - Essay by Eric Worrall 
  • Expected unserved energy, ESOO Central scenario, 2023-24 to 2032-33...
  • "Your grid reliability is stuffed zone" and "Enhanced risk of blackouts"
"Unserved energy (USE) represents energy that cannot be supplied to consumers when demand exceeds supply under certain circumstances, resulting in involuntary load shedding (loss of customer supply)...
  • Rooftop solar / battery installations were the exception
Perhaps Aussie households are preparing for the coming grid failure?

Australian renewable sector recorded ‘alarming’ slowdown in 2023, energy body finds - Peter Hannam 

Investments in renewable energy plants showed an “alarming” slowdown in 2023, with financial approvals for new solar farms shrinking more than a third while no new windfarms won backing, the Clean Energy Council said in its annual report...

By comparison...Rooftop solar output increased 10%...

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