I believe solar panel prices have already bottomed and solar as a whole will not exceed 20% of total energy output anytime soon. As a comparison EU is only 18%, China and the US are 10% reliant on solar. Solar generation is a third the cost of Thermal generation. The problem with solar is storage and if China, EU and US have not been able to build solar storage on a large industrial scale then Australia will never be leading in this area.Wind and Hydro are too volatile and reliant on distance and will never be a large energy source for a vast country like Australia.
I believe solar panel prices have already bottomed and solar as...
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$10.81 |
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0.090(0.84%) |
Mkt cap ! $7.211B | |||
| Open | High | Low | Value | Volume |
| $10.77 | $10.87 | $10.76 | $3.041M | 281.3K |
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| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4950 | $10.81 |
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| Price($) | Vol. | No. |
|---|---|---|
| $10.82 | 1891 | 12 |
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| Last trade - 10.18am 28/06/2024 (20 minute delay) ? |
| AGL (ASX) Chart |