Tesla big battery accounts for just 2% of capacity in South Australia’s ancillary services market, but in just four months it has grabbed a 55% market share and slashed prices by 90%.
Some of Australia’s biggest manufacturers have turned to wind and solar to lower energy costs, but the lobby groups just wants to frack, just like in America.
Elon Musk says the Tesla big battery in South Australia has exceeded performance targets “significantly,” a success that has put a rocket under sales of the company’s commercial-scale Powerpacks.
NSW Premier suggests intervening in Liddell closure as way of “guaranteeing cheap and reliable electricity” for state.
Confusion over RET regulation changes has revealed large cracks in the faith of the renewable energy industry, which – still recovering from the Abbott years – is spooked by the National Energy Guarantee, and possible future policy changes, just as the market is hitting its stride.
Coalition wants AGL to keep 46-year old Liddell coal generator open another five years, despite AEMO saying there is no threat to security standards and best way to minimise is to have more renewables.
AEMO boss Audrey Zibelman cautious about level of storage required for new wind and solar farms, but keen to push forward with energy market reforms. “We don’t want to waste this crisis,” she said.
Australia’s chief scientist says we need an energy market plan, unveils suite of recommendations including a Clean Energy target, but which appears to favour coal over gas, and puts lid on renewable energy developments.
Australian Energy Regulator loses costly Federal Court battle to control how much NSW network operators can charge for power.
Origin to buy output from 530MW Stockyard Hill wind farm at less than $60/MWh in price that will stun Australian industry. Following numerous solar deals, it expects renewables to account for more than 25% of its supply by 2020.