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Even at $10/barrel, oil can’t match solar on cost
Major Gulf bank says oil cannot compete against latest solar prices, even at $10/barrel. It predicts massive investment in solar and wind in coming years, as Gulf region seeks to become centre for renewable financing and technology development, and as the oil industry fades. -
Big utilities charge into distributed energy, one step at a time
Australia’s biggest two utilities have decided they want to own the rooftop solar on homes and business, and maybe the storage and EVs too. RE interviews the executives behind the strategies, and their attempts to switch from a centralised model to a distributed future. -
Abbott government says war on renewables not over yet
The Abbott government may be in its death throes, but it is still determined to do as much damage to the renewable energy industry as it can. It still wants to cut the RET by one third, and dump agencies such as the CEFC and ARENA, and now it is targeting solar. -
Infigen calls bluff on utility threats to ‘boycott’ wind, solar
Infigen calls bluff on utility threats to “boycott” renewable energy, but suggests corporate Australia may fill the gap if retailers don’t contract new wind and solar farms. Meanwhile, the market turns positive on renewables, even if the government is still stalling on the RET, while Infigen turns focus to the US solar market.
