Australia, once the undisputed champion of rooftop solar, might be losing its golden touch. A recent report by the International Energy Agency (IEA) paints a concerning picture: despite having ideal conditions for solar energy, Australia is falling behind in some key areas. Let's break down the details:
Losing Our Solar Seat?
The prestigious IEA Photovoltaic Power Systems Program (PVPS) is a global hub for solar research and collaboration. However, Australia's participation might be at risk due to a lack of government funding. This could be a major blow to Australia's role in shaping the future of solar technology.
Slipping in the Rankings
Hold onto your hats, Aussies! We might be losing our crown for the most solar power installed per person (per capita) to the Netherlands! The Dutch are catching up quickly, and could potentially steal our sunshine spotlight by the end of 2024.
New Installations: Not So Bright
For the first time in 20 years, Australia didn't even make the top 10 list for new solar installations in 2023. This is a significant drop, considering Australia's historical leadership in solar adoption.
What's Causing the Solar Slump?
Experts point to a lack of government support for research and development (R&D) as a major culprit. Without continued investment in innovation, Australia risks falling behind other countries that are aggressively developing new solar technologies.
The World Shines On
While Australia might be dimming, the global solar picture is bright! Global solar capacity reached a whopping 1.6 terawatts (TW) in 2023, with China leading the charge by installing a record-breaking 235 gigawatts (GW) of new capacity. Europe and the US are also making significant strides in solar adoption.
Australia's Solar Silver Lining
Despite the recent setbacks, Australia still boasts a high percentage of solar power in its national electricity mix, thanks to all those rooftop solar panels across the country. However, large-scale solar projects haven't seen the same level of growth.
The Future of Aussie Sunshine
Australia has the potential to be a solar superpower, but a lack of government support threatens to leave the country behind. Here's what needs to happen: