Josh Frydenberg’s apparent shift in thinking on renewables is welcome, but his call to end moratoriums on unconventional gas is profoundly out of step.
Josh Frydenberg says wind and solar not to blame for recent electricity price spikes, noting that volatility is “not a new thing”. But while he accepts coal is in decline, his messaging was mixed, including calls for more gas into the electricity system. And the right wing is not happy.
NSW network operator unveils plans to fast-track installation of solar and battery systems up to 30kW, saving customers more than $200 on applications.
AGL Energy taps two govt-owned funds for new renewables investment vehicle it will use to defray costs of developing new projects.
South Australia says 25% of its energy needs will come from “dispatchable” renewables, such as solar with battery storage and biomass.
Clean Energy Finance Corp marks 3rd year of operation with record investment level, plus 73% year-on-year increase in value of new investment commitments.
South Australia’s wind farms have been blamed for price spikes, but without them the volatility would be even worse.
ARENA to provide $10m to Chinese wind giant to build Australia’s first hybrid wind-solar farm, although grant is nearly four times more than being asked by projects in large scale solar tender.
The sharp spike in SA electricity prices this month certainly put the wind up renewable energy critics. But the really scary thing for the fossil fuel industry is that the price spikes don’t happen often enough. The media appears to have forgotten they used to occur every second day.
Adelaide company ZEN Energy wins contract to install more than 500kWh of li-ion battery storage at three government-owned buildings in Adelaide.