Australia has an opportunity to lead the world in green city innovation, according to European industrial giant Siemens. Our cities have all the right ingredients – crowded, congested, and with ageing infrastructure. But are we capable of making smart decisions?
Tag: "smart grids"
The global electricity market, once noted for dull regulated returns, is in a state of turmoil. Its business model is effectively broken – a series of dramatic ‘game changing’ renewables technologies and falling demand has seen to that. The question is, what should go in its place?
If the NEM hadn’t focused so hard on being lowest cost, Australia’s power supply might not be as expensive as it is now. A new report has found that two critical decisions in particular – to remove environmental and social benefits from the list of considerations for the grid’s operator and regulator – have backfired.