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Commentary
NEG: A rushed job that takes us backwards, not forwards
National Energy Guarantee appears to be a plan to get through the Coalition Party Room, and then a plan to have a plan. Unfortunately, that means many more months of uncertainty.
Mark Butler
Nov 2, 2017
6
Markets
Time for Australia to wake up to scale and pace of clean energy transition
Billionaires get it. A million households get it. And so do thousands of businesses. So why does Australia’s government – and its principal regulators – fail to understand that the way to a cheaper, cleaner and more reliable grid is with more renewables, not less.
Giles Parkinson
Nov 1, 2017
62
Other Good Stuff
NEG must grow new renewable energy capacity, not shrink it
It remains unclear how the NEG will ensure the investor confidence required to deliver a strong pipeline of new clean energy projects.
Kane Thornton
Oct 31, 2017
4
Other Good Stuff
Climate peace in our time?
Pressure could mount to set a significantly tighter emissions target for the electricity sector – which does not bode well for a climate truce.
Barry Ladbrook
Oct 27, 2017
2
Markets
The NEG: No guarantee of success
Far from being a “solution” to Australia’s power sector ills, the NEG, in its current state, raises as many questions as it purports to answer.
Allan O’Neil
Oct 27, 2017
5
Why NEG may kill new renewable projects, even those with finance in place
After initially seeing the NEG as a possible win for consumers and the environment, I now see it as an almost certain disaster for prices, reliability and emissions.
Peter Farley
Oct 26, 2017
22
Policy & Planning
Turnbull’s NEG claims first major renewable energy victim
NEG causes market value of one of major renewable energy players to be slashed by analysts, and puts the future of some $50 billion of renewable energy projects in doubt. But it is good for incumbents, because less renewables means higher prices.
Giles Parkinson
Oct 25, 2017
47
Commentary
Powering a social licence failure: The National Energy Guarantee
The Coalition’s NEG – based on hastily prepared advice and zero engagement with the community – shows government has learnt nothing from the social licence issues that have plagued fossil fuel industry.
Andrew Stock
Oct 25, 2017
4
Commentary
NEG will replace electricity markets with Soviet-style state planning
The NEG is the end of the electricity market as we know it. Effectively, it puts the regulators at the centre of the industry. It is the Australian energy equivalent of “Gosplan”, the State Planning Committee.
Bruce Mountain
Oct 25, 2017
14
Markets
30 reasons to question the National Energy Guarantee. And it’s not just politics
The Coalition’s proposed National Energy Guarantee is not a policy at all, just the idea of one. And attractive as it may be on a notional level, it is a long way short of being “workable” or even remotely effective. Here are 30 reasons why it should be approached with caution.
Giles Parkinson
Oct 23, 2017
41
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
Policy & Planning
BNEF says NEG could deliver 42% renewables by 2030, same as Finkel
BNEF say new Coalition plan could see 42% renewables by 2030, the same as Finkel. But rooftop solar will account for most new installations, and large-scale wind and solar could be sidelined by coal extensions. Still, BNEF describe it as innovative and elegant.
Giles Parkinson
Oct 20, 2017
5
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