The failure of policy makers and regulators is now being felt in the electricity market, and consumers are being sent the bill.
AGL has dumped coal into a new entity, but as it looks to technologies such as battery storage and hydrogen, it may find it still has too much gas.
In 2021 we are learning that relying on a few old coal generators, owned by an oligopoly, makes electricity expensive and unreliable – and how AEMO and China aren’t helping.
Gas and coal producers are profiting from the “scarcity” created by the Callide explosion and the early winter sunsets. Will Angus Taylor claim responsibility?
Here’s some new scenarios for 100 per cent renewables. We will need more wind than solar, but gas won’t be needed if we have green hydrogen.
Taxpayer funded Kurri Kurri gas plant will help give Snowy Hydro dominance of the NSW, Victoria and South Australia markets. But will it protect it from battery storage?
An update of the 100 per cent renewable energy scenario, and some “gap analysis” is urgently needed for Australia’s energy transition.
I’ve seen lots of demergers and most have been more or less successful at creating value. AGL’s effort so far is a case study in how to stuff it up.
Japan accounts for about one third of Australia’s thermal coal and LNG exports, so if it goes green then Australia better have a plan.
Cheaper transport costs mean that green ammonia is likely to be a thing well before green hydrogen at large scale.