The STC In-Depth Guide to Solar Power Warranties
Buying solar power products is always going to be an exciting event. This is the case whether it’s the first time, or one of many times. When all...
1 min read
Solar Trust Centre Team
:
Dec 6, 2017 3:35:05 AM
According to a report by Frontier Economics the steep decline in wholesale electricity prices forecasts between 2018 and 2022 is because of the entry of 6,000 megawatts of renewable capacity that has been provided incentives by the present renewable energy target as reported by The Guardian.
The new reliability and emission reduction guarantees have been imposed on energy retailers and large energy users from 2020 will also result in further market concentration. The report noted that this change is specific in South Australia.
The report stated 3 options for market intervention by state participants in the national energy market that include:
The report also states that the new reliability requirement will lead to a more competitive bidding from traditional fossil fuels like coal and gas, which in turn, will reduce prices if the guarantee is rolled out as compared with the business-as-usual scene.
Buying solar power products is always going to be an exciting event. This is the case whether it’s the first time, or one of many times. When all...
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