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Rise of Solar Rooftops to Accelerate Coal’s Exit in Australia

  • Power sector is undergoing a more rapid change, AEMO says
  • About half of homes forecast to have rooftop solar by 2032
Installing solar panels onto the rooftop of a residential property in Sydney.
Installing solar panels onto the rooftop of a residential property in Sydney.Photographer: Brendon Thorne/Bloomberg

Australia’s accelerating energy transition will see half of all homes installed with rooftop solar in the early 2030s, helping to spur a faster exit from coal-fired power generation, according to the operator of the country’s main electricity market. 

About 14 gigawatts of generation capacity using the fuel could retire by the end of the decade, far more than the 5.4 gigawatts of closures currently announced, the Australian Energy Market Operator said Friday, citing the most likely scenario in a draft plan to develop the country’s electricity system over the next 30 years.