Having obliterated almost all the effective federal climate and renewables policies, the focus is now switching to state-based targets, using the old arguments of higher costs and little abatement.
Consumer advocates stunned by energy rule-maker that vetoes a proposal that could encourage local generation and storage, and save more than a billion dollar. They accuse the rule-maker of being stubborn and out of touch, and not for the first time.
Australia commits to ratifying Paris climate deal, which will come into force by the end of the year – a speed of action almost unprecedented on the international stage. But that means Malcolm Turnbull will have to match words with action. But how?
The jaw-dropping bids for a massive solar plant in Abu Dhabi will help change the thinking about the future of energy markets. The price offered is one third the cost of local gas generation, and one fifth of the cost of the proposed new nuclear plant in the UK.
JinkoSolar smashes solar cost record with a bid of 2.42c/kWh in an Abu Dhabi tender. But it’s not just the cost of solar PV that is falling dramatically, other technologies such as offshore wind and solar towers and storage are also coming down quickly, a big boost for climate action.
The average margin for a rooftop solar installation in the United States market is 40 per cent. In Australia, some installers are struggle to get into double figures. Consumers aren’t complaining though.
Solar storage developer says it would be a shame if Australian authorities “doubled down” on gas, and missed the opportunity to introduce new technologies that could lower prices, boost jobs, and accelerate clean energy transition.
Study shows going 100% renewable would be cheaper than staying connected to the main grid for Kangaroo Island. But the decision on what to do will be a significant national and international test case for other communities, network operators and regulators.
Tony would be proud. To mark the anniversary of his coronation, Malcolm Turnbull has knee-capped the agency that eluded Abbott’s toe-cutters. The story behind the deal to strip ARENA of $500m highlights the nasty nature of Australian climate and clean energy politics.
SolarReserve unveils plans for six large scale solar tower and molten salt storage plants in South Australia, but says it needs a contract to build the first one. But will the state government reach for the sun, or fall back on old gas plants?
Australian climate policy is being framed on the basis that the country should proceed as slowly as it possibly can – a course that is being justified by technology cost estimates heavily tilted against solar. No wonder the CCA is so confused.