Queensland prices soar again; more on AGL’s cheap price for wind energy; and battery storage costs falling quickly.
Category: NSW Government
NSW and Queensland – which still own their networks – block reforms that could lower network costs. Meanwhile, Finkel sings praises of pumped hydro and household battery storage to COAG energy ministers.
NSW renewables minister says solar households should be allowed to share and trade solar and be pinged only a minimal network “freight” fee.
NSW government’s draft energy plans take an ambitious, integrated approach to both renewables and energy efficiency – and that’s a big deal for two major reasons.
NSW outlines major push into renewables – and new storage technologies – as part of its plan to reach zero net emissions by 2050. The state that once boasted of being the “California” of clean energy in Australia, but slipped in the opposite direction, is now starting to do something about it.
NSW parliamentary secretary Adam Marshall says solar households in NSW should have the ability to trade electricity that they generate from their rooftops.
The sale of Ausgrid has been hailed in many quarters, but consumers have little to celebrate. The price locks in “gold plating” and may lead to higher fixed charges as more consumers turn to solar and storage and the networks look to protect their revenue streams.
NSW says it has accepted an unsolicited offer from Australian Super and IFM investors to buy 50.4% of utility Ausgrid for just over $16bn.
IPART calls on solar industry, power retailers for advice on tariffs, metering, battery storage and other products to help manage the transition as 146,000 NSW homes come off premium FiT.