Alan Finkel to lead a review of Australia’s electricity market, but states hold to individual renewable targets after Coalition failed to offer a post 2020 target. Battery storage a major focus.
Tag: "National Electricity Market"
SA environment minister says outdated grid and “straitjacket NEM” is greatest hurdle to the rapid and efficient growth of renewable energy generation.
A two-year high in black coal output helped deliver a continued rise in emissions on Australia’s NEM, and pushed coal to 75.6% in the generation mix.
Energy Australia’s move to send call centre jobs offshore is another example of Australia’s failed retail electricity market – and its cost to consumers.
Minister Hunt’s claim that emissions cuts slowed dramatically while the carbon price was in place is incorrect.
Research with parents reveals that many household routines are unlikely to shift in response to cost-reflective tariffs such as time of use (TOU).
There are already technically feasible scenarios to run the Australian electricity industry on 100% renewable energy without significantly affecting supply.
Rather than lament the fall of traditional utilities, we should encourage progressive utilities and disruptive upstarts to shape a new electricity system.