Download Report

Solar 2015
Ivor Frischknecht
Chief Executive Officer
14 May 2015
Source:
Source:http://www.lyberty.com/encyc/articles/siliconvalley/
http://www.lyberty.com/encyc/articles/siliconvalley/
Source: http://reneweconomy.com.au/2014/china-now-worlds-largest-solar-pv-market-91139
Mount Bischoff Mine (1883)
Tasmania’s first hydro electric generating plant
Source: http://www.bonzle.com/c/a?a=featuredpics&yr=1912&pg=0&or=3&sz=4
The last remaining turbine from
the Salmon Beach Wind Farm
Australia’s first large scale 10 MW solar farm
Greenough River Solar Farm , WA
Source: http://www.abc.net.au/news/2014-04-09/solar-farm-panels-sarahjpg/5376774
ARENA’s objectives
OBJECTIVES
HOW
FUNDING
1. Improve
1. Improve the
$2.5 billion to 2022
2. Increase supply
2. Address current
competitiveness
of renewable
energy
technologies
of renewable
energy
Knowledge
technical and
commercial
readiness of
technologies in
Australia
energy issues
through
renewable
energy
(nearly $1.5 billion
still available):
• Projects
• R&D
• Knowledge
Capture &
Sharing
Mandated obligation to collect, store & disseminate knowledge & learning from
renewable energy projects & initiatives that ARENA funds
Large solar costs more than wind
Australia is leading the residential rooftop solar revolution
Augusta, WA
60% of residential PV costs are local
and in your control
$AUD/W
$2.5
$2.40/W
Installation
Labour
PII ^
$2.0
$1.5
25%
Customer
Acquisition
Other *
Balance of
Systems
21%
14%
$1.0
Inverter
$0.5
Module
40% non-controllable,
coming down globally
$0.0
^ Permitting, Inspection and Interconnection * Other includes sales tax, fees, margins, other administrative and indirect costs.
Source: Rocky Mountain Institute, July 2014, based on 2013 data
Germany has lower installation labour
and hardware costs
$AUD/W
Australia vs Germany - Local Costs Only
$1.6
$1.4
30c/W
$1.2
Installation Labour
PII ^
$1.0
Customer
Acquisition
$0.8
$0.6
Other *
$0.4
$0.2
Balance of Systems
$0.0
Germany
Australia
^ Permitting, Inspection and Interconnection * Other includes sales tax, fees, margins, other administrative and indirect costs.
Source: Rocky Mountain Institute, July 2014, based on 2013 data
Potential for efficiency gains in
installation processes
$AUD/W
Australia vs Germany: Installation Labour Costs
$0.40
$0.35
Pre-installation
$0.30
Racking Prep & Install
$0.25
Module Prep & Install
$0.20
Electrical: On Roof
$0.15
Electrical: Off Roof
$0.10
$0.05
Non-Production*
$0.00
Germany
Australia
•
Off-roof electrical costs driven by connecting inverters to electrical panels
•
Potential for more automation, less labour intensive installation, and using
modern rail-less racking systems could drive down costs even further
* Non-Production includes clean-up time, breaks, and other tasks
Source: Rocky Mountain Institute, July 2014, based on 2013 data
5kW in Perth = 4kW in Canberra
Relative Solar PV Prices Across States
130
120
110
100
90
1.5 kW System
Perth
Brisbane
Sydney
5 kW System
Adelaide
Source: SolarChoice, May 2015 PV Prices, adjusted for REC rebates.
Melbourne
Hobart
Canberra
At the Powerwall launch and beyond, Tesla has managed to
generate serious interest in something that really isn’t all
that sexy – a backup household battery system.
Want to know more?
Arena.gov.au
ARENA at LinkedIn
@ARENA_aus on Twitter
Subscribe to updates:
arena.gov.au/subscribe