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Renewable Energy Just Powered Half of Australia. Here’s What it Means for Your Power Bill
['Elliot Nash']
Man of Many
Renewables supplied more than half of electricity demand there on average across the quarter and briefly climbed as high as 91 per cent.
Community battery | Image: ARENAWhere policy fits inThe shift toward renewable energy isn’t just changing how electricity is generated.
Image: AusgridRooftop solar incentives (Small-scale Renewable Energy Scheme)While Solar Sharer focuses on when electricity is used, rooftop solar incentives focus on who produces it.
These systems allow excess solar energy to be stored during the day and used at night, reducing exposure to peak electricity prices.
Large-scale renewable investment (Renewable Energy Zones)Behind the scenes, governments are also backing large-scale renewable projects through initiatives such as Renewable Energy Zones.