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New Zealand has passed the "tipping point" where most people buying solar panels will save more money than they spend on them, researchers say, but more could be done to unlock households' ability to make use of solar power. Josh Ellison, research lead for Rewiring Aotearoa, said the country was one of the first where the electrification of homes and vehicles could deliver cost-of-living savings and reductions in emissions at the same time. He said the tipping point was probably passed about three years ago but has now been crossed for battery storage systems, too.
New South Wales gets the memo about the importance of finance and announces scheme offering zero interest loans to households to upgrade to electric stuff; plug-in solar gets the tick of approval to go on sale in the UK soon and the New York Times says it could 'change America'; EVolocity takes electrification to the streets to gets the kids inspired (and eventually employed); a tour of the amazing recycling business Redwood Materials; Think Solar and BYD give it away now; and a skit that cuts close to the bone for many solar dads.
Read moreDownloadAdvances in technology and falling costs mean customer-owned solar and batteries can play a critical role in New Zealand’s energy infrastructure - improving affordability, resilience and sustainability. Multiple trading relationships (MTR) and peer-to-peer trading would enable this potential by increasing competition, customer choice, and innovation in the electricity market, unlocking greater consumer benefits from customer solar and batteries.
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