Infigen Energy says investment drought in Australian renewables could last another 18 months as big utilities extend their buyer’s strike, and developers struggle to put together capital to build wind and solar farms without long term contracts.
Former head of largest utility in US says solar, not coal, key to bringing electricity to Asia and Africa, and fossil fuel grids in western countries not sustainable.
Victoria’s electricity networks push into commercial solar market and storage as part of strategy that could put them in direct competition with electricity retailers.
While utilities in US continue to imply that large-scale solar projects are more economical than small ones, the data is telling another story.
There’s been a steady stream of attacks on renewable energy, launched with via thought-bubbles and shock-jock interviews, from the Abbott government. The September Canning election might be the first time this attitude really starts to bite back.
Rules that could have reduced network bills delayed another 5 years, after fierce resistance from coal generators. In a blow to battery storage and solar PV, the decision could mean higher bills and more grid defections, as networks and retailers fight over consumers.