Energy Insiders Podcast: Carbon price takes toll on coal generators in Europe

The launch of Germany’s coal commission has been delayed for a third time. Photo: Pixabay.

The rising carbon price is starting to have a real impact on coal generation in Europe, with coal output down sharply this year and major utilities rethinking their future energy mix.

Analyst Gerard Wynn joins Energy Insiders to paint the picture of what’s good and bad about the European energy market right now, including why capacity markets don’t encourage much new investment, and the rising role of renewables.

Also, we look at the news of the week, including the AEMC’s catastrophic refusal to change course on network pricing, and the thinking about what new market rules should look like.

You can find previous editions of the Energy Insiders Podcast here, or on your favourite podcast platform.

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Comments

4 responses to “Energy Insiders Podcast: Carbon price takes toll on coal generators in Europe”

  1. Ken Dyer Avatar
    Ken Dyer

    Once upon a time, Australia had a carbon price, and it was a great success. Then the LNP Government cancelled it, a shameful episode in Australia’s energy history.

    1. Joe Avatar
      Joe

      Hi Ken. In a sense we do have a carbon price under The LIARalition, it just that they don’t admit to it, Rupert & his opinionator scribblers won’t write it and the Radio dickhead jockeys like chaff bag Jonesy won’t call it. All of our collective hard earned that the LIARalition has spent under the Emissions Reduction Fund (ERF ) and Climate Solutions Funds (CSF ) buying ‘so called ‘carbon abatements is actually pricing carbon. It is Our Taxes being used to buy carbon emissions reductions – that’s The LIARalition’s very own Carbon Tax in operations. I haven’t got the exact numbers but if I remember correctly under the previous ERF’s $2.5Billions spent, worked out the Carbon Tax at around $12.00 per tonne of abatements purchased. Under the CSF I have no numbers of $’s spent on any abatements purchased so far to give a Carbon Tax figure. If anyone knows the numbers I’d be grateful to know. The thing about it is that our money is being pissed away as Emissions keep rising each year despite the $Billions that The LIARalition is throwing at so called abatements.

  2. Miles Harding Avatar
    Miles Harding

    Border taxes on Carbon…
    First on steel, but soon expanded to a wide variety of goods made by unsustainable processes.
    This is something we should be doing here to enable a society that’s compatible with the 21st century.

    Thankfully, EU policies are outside the capacity of the Australian government to interfere with and nobble.

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