Pricing regulator cuts guidance for voluntary payments for solar exports, but waves through gas price rises that also threaten power bills.
Articles by Giles Parkinson
Giles Parkinson is a journalist of 30 years experience, a former Business Editor and Deputy Editor of the Financial Review, a columnist for The Bulletin magazine and The Australian, and the former editor of Climate Spectator.
Tony Abbott’s RET Review labeled a farce as it loads the dice and appoints advisor to the fossil fuel industry’s previous campaign against renewables, and refuses to model the health, jobs and network benefits of renewable energy. It will also assume no carbon price before 2030.
The plunging cost of rooftop solar, the anticipated fall in battery costs, and the potential ability to buy a home energy system from the local hardware store, is causing a split between those that believe the grid will follow in the footsteps of the Post Office, and those that insist we can’t do without it.
Tony Abbott’s key business advisor Maurice Newman says world is cooling – which puts recent comments by George Brandis and Clive Palmer into context.
The Abbott government’s controversial review of the renewable energy target kicks off this week, and the fate of the multi-billion dollar industry could depend on a debate about redrawing the definition of demand, and how to treat the output of rooftop solar.
Adding solar systems at a rate of 13,000 a month, Australian households invested nearly $3bn in rooftop PV in 2013, and have accounted for nearly all clean energy investment in the country in 2014, as utilities pull the plug on large-scale projects.
ACT opens process for 200MW of wind projects, and places new emphasis on projects beyond immediate region as local anti-wind MPs intensify opposition.
Macquarie gains electricity retail licence as it rolls out solar leasing business. Other firms, including Sungevity, are also applying – at least for exemptions.
Environment minister sees future in ‘clean’ coal, and refuses to endorse renewables. This comes as new data shows large-scale renewable projects at a standstill, and as industry finds doors closed in Canberra. Meanwhile, new data show electricity emissions have fallen 5 per cent in past year.
Abbott government has brought the large-scale renewable energy industry to a standstill, with no new projects in 2014, and only four in 2013.