Households Could Soon Become Australia’s Biggest Power Source
- Australia is a global leader in installing solar on rooftops
- High volume of solar generation is reducing power demand
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Australia’s love of sunshine has seen the nation become a world leader in installing rooftop solar panels, but the pace of growth is surprising even the biggest electricity market operator.
Rooftop solar may meet as much as 77% of underlying demand in the mainland National Electricity Market by 2026, eclipsing the record of 35% set in October last year, the Australian Energy Market Operator said Tuesday in its annual reliability outlook. That comes as households are set to install an additional 8.9 gigawatts of solar panels by 2025, on top of the current 14 gigawatts.