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Households to play central role in high renewable energy system
Malcolm Turnbull wants Australians to embrace new technologies. A new report suggests we could start in the home, where rooftop PV, battery storage and EVs will enable consumers to play a central role in a modern, flexible grid driven by wind and solar. -
Australia’s Energiewende: UBS on why 50% renewable target is good
UBS takes a look at Labor’s 50% proposed renewable energy target. It says households could play critical role with solar and storage, and the whole scheme may not cost much more than business as usual. And the grid should cope just fine. -
UBS: Utilities face “perfect storm” from renewables, storage
UBS analysts suggest energy utilities in Europe, north America and Australia are facing a “perfect storm” from the falling costs of renewables, energy efficiency and falling demand, and may not be able to sustain their business models. The analysts suggest the utilities embrace wind and solar, storage and other services if they are to survive. -
The beginning of the end for centralised generation?
UBS predicts that 50GW of coal and gas-fired generation will need to be sacrificed in the next four years to ensure that the remaining fossil fuel plants can make money. The centralised generation model is in decline, but will the energy dinosaurs know how to react? There’s a lesson here for Australian utilities.
