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12 May 2021 Solar photovoltaic pioneer Professor Martin Green says solar module prices will continue to plummet, reaching 10 US cents per watt by 2023, around half their current prices, resulting in what he called “insanely cheap electricity.” He said this would translate into power purchase agreements “routinely” worth just 1 cent per kilowatt hour. He said this is around one-fortieth of what Sydney residents like him are currently paying. Speaking at the Smart Energy Council in Sydney, he said this could lead to a massive proliferation of solar energy, which would pose a new problem: what to do with all the surplus solar-generated electricity when traditional demand is low?

New south walesProfessor greenJames fernyhoughRoss garnautInternational energy agencyUniversity of new south walesSmart energy councilProfessor martin greenAustralian financial reviewFinancial timesபுதியது தெற்கு வேல்ஸ்ப்ரொஃபெஸர் பச்சைபல்கலைக்கழகம் ஆஃப் புதியது தெற்கு வேல்ஸ்புத்திசாலி ஆற்றல் சபைப்ரொஃபெஸர் மார்டின் பச்சைஆஸ்திரேலிய நிதி விமர்சனம்