The solar tower power plant announced last week by the South Australia government is probably the most exciting development in Australia’s energy markets since …… the Tesla big battery in July!
Still, the arrival of a big solar plant with storage, and the ability to produce power at will, meet the government’s energy needs and supply into system peaks promises to reshape the state’s energy market.
Solar thermal expert Keith Lovegrove joins regular Energy Insiders Giles Parkinson and David Leitch to discuss the Port Augusta solar tower project.
Will it make money? How will it change energy markets? How is the contract structured? Does it mean the end of new gas and coal plants.
Plus: Cheap wind at Coopers Gap, the new wind, solar and storage mega plant planned for north Queensland, and why big manufacturers like Bluescope should stop complaining about gas prices and embrace renewables.
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