Victoria regulator proposes changes to solar tariffs that would take into account peak demand, location and some environmental benefits. This could nearly double the amount households receive from exports, and more could be added when network benefits are factored in.
AGL Energy – the biggest owner of coal-fired generators in Australia – says the energy transition could happen “almost overnight.” So, why isn’t it?
Butler confirms $1 billion ARENA funding to be cut after advocacy groups failed to defend agency when Coalition announced changes to clean energy finance. Because of that, Labor will no longer put its “body on the line” to defend the agency it created.
Low tariffs, and an absence of market signals rewarding the benefits of local generation, will encourage homes, businesses and small communities to quit the network, a new study has found. Will the incumbents ever learn?
Only one minister, the ACT’s Simon Corbell, has had the courage and vision to stand up to incumbent bully-boys and introduce policies and targets that match the climate science. Yet the Coalition and most media continue to peddle nonsense dismissed most cogently by the new chief sloganeer, Malcolm Turnbull.
ACT to nearly double size of next wind auction to 200MW, enabling it to reach 100% renewable energy by 2020. ACT minister Simon Corbell says the stagnation in national market caused buy Coalition policies is an opportunity too good to miss.
Energy consultancy says household battery storage in Australia could be an “economically rational” investment soon under certain tariffs. And if storage costs fall as predicted, up to 2.8 million households may install battery storage, creating a $20 billion market.
Labor’s climate and clean energy commitment – including zero carbon target by 2030 – forces Turnbull government into Abbott-era scare campaign on prices. This, as Bloomberg New Energy Finance says Australia should be even more ambitious in short term and aim for 63% cut in emissions by 2030.
Malcolm Turnbull’s rapidly evolving strategy on climate change – announce new jobs and investments, but only after cutting – follows his approach to clean energy. Meanwhile, the Paris deal calls for the “decarbonisation” of the global economy. That means replacing fossil fuels with clean energy.
Australia reportedly excluded from “high ambition” meeting it pretended to be part of in Paris. Perhaps it’s time the Coalition started to take targets like 100% renewable energy seriously. After all, that is effectively what it is signing up for.
Alice Springs has highest solar penetration in Australia, but how much solar can it bear? According to the conservative Northern Territory government, not a panel more. And it says renewable energy causes cables to overload, heat up, “melt, collide and fail.” So, it is investing in a new gas plant.