Annual Report 2010 - IEA Photovoltaic Power Systems Programme

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IEA - PVPS ANNUAL REPORT 2010
Fig. 4 - Residential PV system (photo: Silex Solar).
FUTURE OUTLOOK
Solar Flagships
In May 2009 the Australian Government announced a call for 1 GW
of solar generation via 4 solar power stations (including solar thermal
and PV). A total of AUD 1,5 Billion has been allocated towards the
Solar Flagships program. The Australian Government has indicated
that it expects to contribute one dollar of Commonwealth funding for
every two dollars of private and state/territory government funding.
The Solar Flagships program is split over two funding rounds with
the first round to target 400 MW of electricity generation.
Announcement of the successful PV and solar thermal projects for
Round 1 is expected to be made in the first half of 2011. The call
for Round 2 applications, targeting the remaining 600 MW of solar
generation is expected in 2013-14. All projects must include a
research infrastructure component.
Proposed Changes to the Renewable Energy Target Legislation
With small-scale solar installations taking up an increasing portion
of the Renewable Energy Target, the scheme has been separated into
two parts: a Large-scale Renewable Energy Target (LRET), with a
target of 41 000 GWh by 2020 and a Small-scale Renewable Energy
Scheme (SRES) for which the Solar Credits mechanism described
earlier applies. Liable parties will be required to purchase RECs from
both markets, with a limit of 14,8 % in 2011 from small generators.
A government clearing house has been established for SRES, and
provides a fixed REC price of AUD 40. Buyers and sellers of smallscale
RECs can use the clearing house, trade directly with each
other or via independent REC traders.
Fig. 5 - Solar System concentrating PV dish (photo: Silex Solar).