Budget and renewables stuck in neutral; why Ferguson is talking down the value of coal-fired generators, AGL’s dream of exporting brown coal to the world; Loy Yang A reveals more on why generators are terrified of solar; and how some utilities are actually embracing a clean energy future.
Saudi Arabia kicks off 41GW of solar thermal and PV deployment with competitive tenders; IEA says China solar market will beat 10GW/year faster than expected.
Are investors finally taking notice of the threat of a carbon bubble – the valuation ascribed to listed equities for fossil fuel resources that remain in the ground, and may not be exploited in the transition to a low carbon economy? If there is a problem, the regulatory authorities are not letting on.
The consortium behind the $1.2 billion Solar Dawn project underlines job and economic benefits as Newman government reassesses threat to withdraw funding.
Canberra holds firm on carbon price forecasts; miners win again on diesel fuel rebate; dumping of green building tax break another blow to efficiency; connecting renewables and other Labor fairy tales; and where did all that solar funding go?
The US chemical manufacturer predicts commercial and residential solar PV grid parity by 2015 – and says some markets are already there.
World solar capacity predicted to grow 200-400% by 2016; US opens 50MW solar plant; US offshore wind test suspended; Newman won’t join CO2 tax challenge.
Rob Oakeshott’s call to dump the carbon floor price would condemn Australia’s scheme to the same fate as that of the EU – it would become economically irrelevant, and make Australia’s transition slower and more expensive. So why has he swallowed the polluters’ arguments?
SA’s Snowtown wind farm has landed the first significant power purchase agreement in Australia for several years because its cost of energy is so low.
A new Australian project aims to reduce the levellised cost of solar thermal energy to around $100/MWh – the sweet spot that will enable renewable technologies to deliver cost-effective clean energy. Can it be done? The good news is that storage may reduce costs rather than add to them.