New data suggests that solar PV is most popular in the mortgage belt and regional areas, with an average household income of $60,000. And rooftop solar has accounted for half of the demand reductions over the last few years.
GE says Australia should consider increasing renewables target to counter the “lock in” of coal, and a fall in wholesale prices – caused by renewables. Meanwhile, a push to expand community projects, farmers and foresters join anti-RET brigade, but not AIG, and what TRU said two years ago.
The clean energy industry has dismissed TRUenergy’s analysis of the impact on renewables, and points out that some of its numbers simply don’t add up.
Australian utilities give a vision of the past; reform at last, but to who’s benefit? Queensland and Victoria make NSW look progressive; wind and solar highlight their potential; nothing but hot air in climate talks and carbon markets.
The Queensland Premier’s antipathy to green energy runs deep. This week, his government upped the ante by claiming that renewables would cost Queenslanders $408/year by 2020. But in this debate, you don’t need facts to make a political point.
The cancellation of the contracts for closure scheme should be another wake-up call to Canberra that they have been duped by the electricity industry, as Garnaut had suggested. At least Alinta is now talking about the prospects of solar thermal to replace its coal plants.
As the Baillieu government brought down the curtain on the last major feed in tariff, solar companies reported they were awash in red ink. The industry, which now employs 15,000 people, is craving stability, and fair value for energy that householders produce, and export to the grid. They may not get it.
That depends on what you are looking at. If it’s an individual company, the bubble will look big. If it’s the whole market, it will look quite small, a Citi report suggests. That’s good news for investors with balanced portfolios, but potentially bad news for the likes of Gina Rinehart and Clive Palmer.
Heard the Scandinavian joke about the Polish parliament? It’s now setting our carbon pricing policy. Plus: EU link could benefit big emitters; do renewable energy traders know something we don’t; Origin’s continues carbon clean out; and NGO puts the wind up Victorian government.
In a week when Arctic sea ice levels plunged to a record low, the infamous climate change-denying ‘Oregon petition’ has resurfaced in mainstream media and on talkback radio, pitting the ‘expert’ views of vets, dentists and Spice Girls against peer-reviewed climate scientists.