| ▲ | dhotson 4 hours ago | |
Yeah, it's been great to see the uptake of rooftop solar in Australia. One downside is that large scale solar projects aren't profitable any more. It kind of sucks for the investors that adopted green tech, that they aren't getting a good payoff. The good news is that co-located solar and battery projects are still profitable, but capital costs are higher and payback period of batteries aren't as good. | ||
| ▲ | rswail 35 minutes ago | parent [-] | |
Co-located PV/BESS or Wind/BESS is the best grid solution anyway. The REZs with transmission infrastructure (subsidized by government) will also add to the return. The good thing is that even with over a decade of conservative government trying to kill it, renewables are now commercially the only choice for Australia and we will benefit from the rapid advances in storage as well. Grid level plants are starting to also incorporate synthetic condensers and other FCAS services to make our grid more resilient and reliable, even as our clapped out coal plants move closer to shut down. | ||