Federal Labor’s proposed 50 per cent renewable energy target for Australia by 2030 would require around $80 billion in investment, much of which would need to be spent anyway, a […]
Tag: UBS
Mass adoption of battery storage only 5 years away, predicts UBS
A new report has predicted that the point of “mass adoption” of household battery storage could arrive in Australia as soon as 2020, at which time the payback period for […]
NSW energy storage market could boom as Solar Bonus payments wind down at end of 2016
Changes to rooftop solar tariffs in New South Wales could see the state become a leader in the uptake of residential battery storage, as 160,000 solar households prepare to lose […]
German utility giant E.ON splits in two in order to focus on renewables
Europe’s largest power utility has announced plans to dump conventional, fossil fuel energy generation and focus instead on renewables and customer-led distributed generation solutions. In what has been described as […]
UBS analysis shows solar-plus-storage already viable in Australia
Cost-competitive solar plus storage has arrived in Australia, according to new analysis from investment bank UBS, bringing with it the potential to dramatically reshape the country’s energy industry. The analysis […]
Energy storage costs could beat conventional generation costs by 2017
The cost of battery storage could beat that of conventional energy generation within two to three years and could go as low as $100/kWh, a new report has found. In […]
‘Socket parity’ just around the corner for solar-plus-storage in many countries: Citi
Solar power could reach “socket parity” in some countries as soon as 2020, and utility-scale grid parity in large parts of the world by 2030, according to a major new […]
Electric vehicles will help revolutionise solar & home energy independence: UBS
Electric vehicles and the proliferation of battery storage will solve the problem of intermittent supply for rooftop solar, and make it viable without subsidies, a new report has predicted. The […]
15-20% of Australian solar customers interested in energy storage
Installation rates of battery storage systems in Australian homes could reach around 1,000 a year by the end of 2014, according to new estimates, as solar households look for ways […]
Solar PV could reach 10% of global power generation capacity by 2020: UBS
Solar PV could reach 10 per cent of global capacity by the end of the decade, says global investment bank UBS, as production costs continue to fall and major economies […]