And why long-term investment will remain uncertain until a more robust and integrated climate and energy policy framework is developed.
The proposed mechanism could result in the perverse outcome of paying high emitting businesses to invest in projects which increase absolute emissions.
An Australian power system dominated by renewables by 2030-40 will deliver reliable and affordable electricity, as long as regulator and policy makers come to the party and create clear investment signals.
Coronavirus pandemic could help to create a “perfect storm” for the wholesale electricity market, with the potential for lower demand, lower gas prices and new renewable projects to depress electricity prices,
International carbon prices have tumbled amid fears that a Covid-19 induced economic downturn will curb industry demand for carbon allowances.
A new report by energy and carbon market analysts, RepuTex, indicates that emissions from Australia’s largest industrial facilities have surged to 60 per cent above 2005 levels.
The prospect of tighter emissions regulation may lead to a more bullish outlook for carbon prices over 2020.
Price for carbon offsets – yes, Australia does have a carbon price – hit record high and will likely rise further.
Carbon price jumps, but long term clouded by Taylor’s climate policy review and the threat of low quality “grey” credits for big polluters.
Using advanced analytics, RepuTex has classified different synoptic scale weather systems and measured variation in the market value of wind production. Here are the key findings.