Victoria introduces new laws to stop energy retailers discriminating against solar households, as both Victoria and Queensland launch inquiries into the “fair price” of solar, and how to encourage battery storage.
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.
W.A. energy minister Mike Nahan has done an about-face and predicted that solar will dominate the future. But the state owned utilities require solar households to sign contracts promising not to install battery storage or purchase electric vehicles.
Tony Abbott’s climate plan will provide no incentive to the biggest polluters to reduce emissions. Instead, they will be eligible for government handouts and may even be allowed to invest in what Abbott once described as “dodgy” international projects.
US President says world leaders must act now on climate change, and those willing to gamble on business as usual are “not fit to lead.”
NSW pricing regulator slashes feed in tariffs for solar households in an apparent bid to encourage consumers to install battery storage. The cut was justified by the fall in wholesale prices – caused ironically by the proliferation of rooftop solar.
Redflow chairman Simon Hackett says the market for battery storage is “running hot” and predicts they will be as common place as broadband within a decade. His goal is to deliver software to make flow batteries easy to use. And if utilities try to fight this with higher tariffs, it will simply drive more installation.
Infigen Energy says investment drought in Australian renewables could last another 18 months as big utilities extend their buyer’s strike, and developers struggle to put together capital to build wind and solar farms without long term contracts.
West Australia energy minister says the future is in solar, noting that it is cheap, democratic, and was likely to displace the state’s ageing coal generators. And this man used to head the IPA!
Governments “come and go” but so does investment. The effective withdrawal of a $5 billion energy giant from Australia’s renewable energy industry highlights why it will remain in the doldrums as long as the Abbott government holds its fossil fuel prejudice.
Enova wants to champion local ownership and a 100% renewable energy target in a market dominated by big players, out-of-area projects and fossil fuel interests.