The collapse in global oil prices is good for the climate, and clean energy. Big Oil has put Arctic drilling on hold because it no longer makes economic sense. That will allow extend the world’s carbon budget, and result in capital flowing to renewables.
Category: Smart Energy
Victoria’s newly elected Labor government to retain state’s key energy efficiency scheme, VEET, which was to be scrapped under the Coalition.
SunPower says the new integrated solution will allow utilities “to access the benefits of rooftop solar and storage at significant scale.”
Between California’s mandate for 1.3GW of energy storage for its grid and Tesla’s Giga factory announcement, the energy storage market is nearing a tipping point.
Tag Pacific’s MPower to deliver 800kWh grid-connected energy storage system alongside solar PV plant in Queensland.
Australia’s fossil fuels sector will get $47bn in subsidies over next 4 years, report suggests. This, as Abbott government dug in over cuts to RET.