Telstra hires Powershop boss Ben Burge to lead new team focusing on solar and battery storage, and how to take on traditional energy utilities by offering home energy services as part of a data and phone bundled package.
Imagine you are a government, or pricing regulator, or independent advisory body charged with addressing the soaring cost of electricity: Where would you focus your efforts – on the biggest source of those price surges, or a minor addition labelled green?
Nearly six months ago Malcolm Turnbull became PM after Tony Abbott was dumped by his own party. What emerged from this shake-up, however, was a shady new composite figure – a Malcolm Abbott, or a Tony Turnbull. Here’s how to recognise him…
AGL cites low oil and gas prices for sudden exit from gas exploration and production, and all its coal seam gas assets. Environmentalists hail major victory, as AGL says it wants to focus on “energy evolution”.
Australia Senate over-rides objections from Coalition government and votes for an inquiry into carbon risks for Australian companies. The Parliamentary Budget Office, meanwhile, confirms that Coalition wants to dismantle ARENA.
The new parliament session has begun, and little has changed. Large scale renewables remain at a standstill and the Coalition government is still pushing for the removal of CEFC, ARENA, and the Climate Change Authority. Has anything changed under Malcolm Turnbull?
Despite signing on to the Paris pledge to slash global emissions, Australia’s emissions are poised to reach record highs after 2020 and may not peak until 2030. Australia is now facing a policy void and it has been criticised in a major new study for having no “high level vision”.
Listed companies are being forced to write down value of fossil fuel assets in face of falling prices and cheaper renewables. Ross Garnaut argues that grid owners should do the same, given progress of solar PV and battery storage and the shift from centralised generation.
Australia’s state and federal energy regulators are struggling to deal with the idea of an “energy democracy”. The cosy cabal that once made all investment and tariff decisions is being challenged by the emergence of more than a million electricity “pro-sumers.”
Study finds installing solar PV and battery storage in rural homes could reduce the risk of bushfires caused by powerlines by one tenth of the cost of alternatives – such as burying power lines underground.
The architect of Germany’s Energiewende says it is clear which technologies are winners of energy transition. The task now for Germany is to focus on solar and wind integration, ‘digitising” the grid, and energy storage and efficiency. “There is no going back,” he says.