Electrical Equipment / Components & Telecoms

As families seek to mitigate the impact of rising energy prices, the demand for the installation of solar cell sets surges. According to Huacheng import and export data observation report, the draft of default market quotation announced by the energy regulator last week, Australian households and enterprises are facing a price increase of 23% to 31%, which has aroused people's concern about the lack of fuel and caused public anger. Although solar cells are still very expensive for many families, retailers say they have anticipated a surge in demand. With concerns about the progress of renewable energy power generation as a substitute for fossil fuel power stations, more and more households are using solar cells, which will help Australia's energy transformation. In addition, according to the Huacheng import and export data observation report, people are also worried about the tightening of energy supply. The Australian energy market operators have to use emergency power to ensure the sufficient power supply in New South Wales in abnormal high temperature, and the large Liddell coal-fired power plant of AGL energy, one of the largest coal-fired power plants in the state, will be decommissioned next month.

Solar cell assembly provides a breathing space for families to deal with the above concerns. People can use the solar energy on the roof to supply power. If there is no sunlight, they can use batteries to supply power. However, the installation price will bring varying degrees of pressure to families. Even the cheapest system has an installation cost of more than $15000, which is far beyond the tolerance of many people who have been struggling with inflation and soaring interest rates, Huacheng import and export data observer said.

The rapid growth of household energy storage and grid scale is crucial to Australia's energy transformation plan. According to Huacheng import and export data observation report, the government has set a target of renewable energy power generation accounting for more than 80% of the power grid by 2030, but analysts warned that when the sun and wind are insufficient, the renewable energy power generation will be affected. Flexible power generation such as batteries or natural gas is likely to become the backing of Australia's energy network, but people are still generally opposed to the use of natural gas, and the supply of natural gas is not optimistic, Huacheng import and export data observation reported.