0930 Thornton LSS Forum - KT

8/10/2019 0930 Thornton LSS Forum - KT

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Large Scale Solar Overview

Kane ThorntonDirector of Strategy


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Australias Energy Challenge 2


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Renewable Energy Objective

A portfolio of renewable energy

technologies that leverage from

Australias world leading and diverseresource base to provide low cost and

reliable energy supply.

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Portfolio of Emerging Technologies

Solar costs dropping dramatically Geothermal proving technical feasibility

Wave and tidal power prototypes under

development

Competing with proven least costtechnologies:

Wind

Hydro

Bio-energy

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Renewable Energy Mix to 2020 5

Source: MMA/Australi an Government, 2009.


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Renewable Energy Costs (2015/2030) 6

Source: EPRI/ Australian Government Department of Resources, Energy and Touris m, 2010.


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Advancements in PV technology 7


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IEA forecasts for PV growth 8


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Global solar resource 9


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Large Scale Solar

Photovoltaic (PV) Concentrated Photovoltaics (CPV)

Solar PV Dish

Linear Fresnel PV

HCPV - Tower

Concentrated Solar Thermal (CST)

Central receiver or power tower

Parabolic trough Parabolic dish

Linear Fresnel

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International Status

700MW of CSP in operation in the U.S. andSpain

One-quarter of total grid-connected solar PVcapacity from utilityscale plants 200-kW +

India sets target of 20 GW solar by 2022

50+ countries and 25+ states/provinces withfeed-in tariffs

Crystalline module price declines by 5060%percent ($3.50 /watt in 2008 to $2 /watt)

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Australian Status

Technologies proven internationally Excellent local research and deployment

expertise

Resource mapping

Costs declining rapidly

Significant off grid/export potential

Not yet competitive with wind

Requires additional policy support

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Key Challenges

Intellectual property Understanding the resource

Network augmentation and access

On ground experience - in Australia

Capital intensive

Tight financial markets

Policy uncertainty and instability

Picking technology winnersNeed long term and stable policy

incentives to support a pipeline of

projects

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Large Scale Solar Support

Renewable Energy Target Solar flagships $1.6 billion program

52 projects shortlisted

Develop experience in Australia Skills development

Construction learnings

Grid connection and integration Financing learnings and education

Feed-in tariffs and grants

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Todays Objectives

Goal:Determine policy support to provide longterm incentives for large scale solar

beyond Solar Flagships

Explore:

Variety of policy support mechanisms

Feed in tariffs and their application

Development of Policy Roadmap forLarge Scale Solar in Australia

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Kane ThorntonDirector of Strategy

[email protected]

0930 Thornton LSS Forum - KT

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