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Tag: "ESB"

48
ESB leaves some unexpected booby traps in latest NEG update

ESB leaves some unexpected booby traps in latest NEG update

Latest version of National Energy Guarantee raises concerns it could put a de-facto cap on efforts by states, retailers and even corporate buyers, while the creation of a closed registry raises issues about transparency.

7
NEG final draft due next week, reliability mechanism may never be triggered

NEG final draft due next week, reliability mechanism may never be triggered

Energy Security Board prepares to release National Energy Guarantee draft ahead of a critical meeting of energy ministers in August.

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"No way" anyone will fund new coal plants under NEG, says Schott

“No way” anyone will fund new coal plants under NEG, says Schott

“I can assure you that, unless there’s a change of technology, there would be absolutely no way that anybody would be financing a new coal-fired generation plant.”

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NEG high level design document at a glance

NEG high level design document at a glance

Highlights from the high level NEG document distributed to COAG energy ministers ahead of next Friday’s meeting.

6
Tesla says Energy Security Board needs to catch up with battery technology

Tesla says Energy Security Board needs to catch up with battery technology

Tesla says National Energy Guarantee needs to be much more ambitious, and Energy Security Board needs to catch up with technologies like battery storage.

4
Gold-plating energy markets? Even incumbents not comfortable with NEG

Gold-plating energy markets? Even incumbents not comfortable with NEG

Industry warns NEG too complex, likely to boost prices, cut competition. If it won’t reduce emissions either, what exactly is the point?

31
ESB modeling confirms NEG designed to shut door on renewables

ESB modeling confirms NEG designed to shut door on renewables

New modelling confirms little if any new renewable energy investment will be made under the NEG. But it reveals that the big savings the Coalition is claiming from the NEG are driven almost entirely by the policy it sought to kill – the renewable energy target.

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We'll keep lights on, states can worry about emissions: ESB

We’ll keep lights on, states can worry about emissions: ESB

ESB chair Kerry Schott says it will be up to the states to act if they want higher emissions targets.

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Schott defends NEG modelling, says wind and solar at “low end”

Schott defends NEG modelling, says wind and solar at “low end”

Schott says NEG modelling assumes “low end” of wind and solar costs, defying recent evidence. But ESB did admit there is much work to do on policy, dispatchability had yet to be defined, new coal unlikely to get a look in, and states free to pursue own targets.

49
ESB to use inflated costs for wind and solar to justify NEG

ESB to use inflated costs for wind and solar to justify NEG

Energy Security Board to use vastly inflated costs of wind and solar to justify its National Energy Guarantee. By using prices around 30-40 per cent above actual costs, will support its argument for little new wind and solar to be built in the coming decade.

13
Investor confidence could be smashed without additional detail

Investor confidence could be smashed without additional detail

This plan to provide a plan is almost the worst outcome possible for investment certainty. If more detail doesn’t emerge soon, it could be as bad for renewables as the Abbott years.