All eyes are on Victoria and the corporate sector for the future of large-scale renewables in Australia. With the renewable energy target now largely met, there is little else on offer for the pipeline of 20GW of wind and solar projects.
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.
NEG design could have immediate impact on large-scale renewable energy projects, particularly those looking to by-pass control of big gen-tailers” and go “merchant”.
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.
Despite federal government inertia, there is the potential for industry and community to influence the direction of energy policy. Here’s how it might be done.
Federal government has trampled over several key Finkel measures it supposedly has adopted. But as experts plead with Coalition to allow AEMO and Energy Security Board to get on with job, Turnbull may deliver Abbott’s wish, and kill new renewable projects.
Climate Council ranks state efforts on renewables and climate targets as they race to fill the federal government void.
Australia is lucky enough to have some of the best energy resources in the entire world. But despite our natural advantages power prices have more than doubled in a decade.
Queensland govt reasserts commitment to 50% RET, and its independence from federal government, with $1.6bn plan.
It is now clear there are enough projects ready to go to sail past the 2020 renewable energy target. But just because we can doesn’t mean that we will. There are still some major hurdles.