Electricity network owner attacks major energy retailers over reliability of their gas plants, the manipulation of prices and high retail fees. It says it wants rapid transition to renewables, but incumbents and market rules getting in the way.
Concerns raised again that the NEM’s coal and gas generators can no longer deliver the grid security services expected of them.
Former Hazelwood boss says solar and battery storage already beats baseload gas on price, and says decisions to scrap carbon price and renewable energy target may have killed any new investment in fossil fuel generation.
Sun King Zhengrong Shi returns to solar market with ultra-light and ultra-thin solar panels hailed as biggest change in solar market in decades. The new panels can be integrated into roofs and facades and he says are better option than Tesla’s “heavy and rigid” solar tiles.
It took a couple of tweets, and at least one one-hour long phone call, but it seems pretty clear that Tesla founder, CEO and billionaire Elon Musk has helped turn the debate around energy policy in Australia on its head.
Turnbull’s $2 billion pumped hydro scheme paves way for 100% renewable grid driven mostly by wind and solar, and kills any chance of more gas and coal fired generation. It also makes nuclear redundant and turns conversation away from “baseload” power concepts.
Why is South Australia spending so much on gas when battery storage could do the job at less cost? And why doesn’t it just borrow a gas plant, rather than building a new one?
South Australia to build country’s biggest battery storage plant via tender, as well as adding gas plant as “back-up”, creating a new “energy security target” and giving energy minister new powers to intervene in electricity market.
Weekend tweets between tech billionaires and Australian political leaders should finally make clear to politicians, regulators and media that fossil fuels not the answer to Australia’s so-called energy crisis, but wind, solar and battery storage clearly are.
The fossil fuel industry is locking in behind Labor on an EIS because it could save them $30 billion. But consumers won’t benefit at all, and renewable focused schemes are being junked on the basis of rubbish modeling.