The cost of solar and wind energy in Australia is too high for the country to become a hydrogen superpower and has to drop by two-thirds this decade, the head of the Australian Renewable Energy Agency has warned.
ARENA boss Darren Miller said his agency had kick-started a program to ramp up the efficiency of solar modules and drive down installation costs, because Australia needed to be installing 10 times more solar capacity each year than it is now.
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Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com
