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Policy & Planning
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.
Giles Parkinson
Jun 18, 2018
48
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.
Giles Parkinson
Jun 6, 2018
7
Coal
“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.”
Sophie Vorrath
May 2, 2018
22
Markets
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.
Giles Parkinson & Sophie Vorrath
Apr 13, 2018
9
Storage
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.
Giles Parkinson
Mar 15, 2018
6
Markets
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?
Giles Parkinson
Feb 26, 2018
4
Coal
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.
Giles Parkinson
Nov 22, 2017
31
Policy & Planning
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.
Sophie Vorrath
Nov 10, 2017
52
Featured
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.
Giles Parkinson
Nov 10, 2017
37
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.
Giles Parkinson
Nov 2, 2017
49
Commentary
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.
Oliver Yates
Oct 23, 2017
13
Smart Energy
ESB chair says demand response could kill need for new power plants
Chair of newly formed Energy Security Board, Kerry Schott, says that by harnessing demand management in Australia, “we can all stop worrying about building new plants of any description.”
Sophie Vorrath
Sep 14, 2017
10
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