A comedian’s take on the “ridiculous” energy market business model, the win-lose equation of rooftop solar, and why our PM is the wind turbine that won’t spin.
CSIRO and network owners say key driver of shift to 100% renewables will not be wind farms or solar parks, but rooftop solar and battery storage installed by homes and business. This can and should be done – but policy, and politics, need to change.
Despite the climate-denying Trump Administration, and populist movements across the world, Michael Liebreich gave plenty of reasons to be optimistic about future of wind, solar and Evs.
Solar power capacity has reached 6GW in Australia, but it is just the start, with numbers expected to double by 2020 and rise ten-fold by 2040 as solar becomes the dominant provider of electricity in Australia – and potentially an export fuel as well.
Deutsch Bank becomes latest to revise up its near-term global solar forecast, off the back of further reduction in costs and a potential post-Trump “gold rush” in the US market.
Scenarios by Australian Market Operator suggest wind and solar could be capable of providing 80 per cent of South Australia’s electricity demand within 5 years.
Powerlink has commenced work to expand its Clare South substation to help deliver one of Australia’s largest solar farms.
A bulk-buy tender by big industrial users – fed up with soaring cost of electricity in South Australia, and the power of retailers – could open door to wind and solar and kick-start the corporate market for large-scale renewables in Australia.