Originally published on Renew Economy. Here are two graphs that illustrate the pickle that Australia’s major electricity retailers find themselves in. For the past five years the big three retailers increased their market share by more than half, they almost completely missed the biggest trend in the energy markets in … [continued]
Originally published on Renew Economy. Call it the great debate. A new technology that threatens to disrupt a century-old status quo in a trillion dollar industry. Battery storage, teamed with solar, is predicted to do to the energy industry what the internet did to media and mobiles did to the … [continued]
The Australian Government has conceded to a compromised Renewable Energy Target deal with its opposition, bringing the nearly two-year political debate to an anticlimactic close with a 33,000 GWh by 2020 target and no formal two-year review. The bipartisan deal was sealed Monday, after the ruling Coalition agreed to drop plans … [continued]
Originally published on RenewEconomy by Sophie Vorrath Australia could reach 100 per cent renewables as early as 2040 by adding 1.9 GW of solar PV and 1.9 GW of wind power capacity a year, according to one of Australia’s top renewable energy experts. Andrew Blakers, who is the director for Sustainable … [continued]
Originally published on RenewEconomy The new Labor government in Queensland has confirmed its commitment to generating 50 per cent of its electricity needs from renewable energy by 2030, and to ensure that one million of its homes had rooftop solar by 2020. The plans were outlined in Labor’s pre-election policy release, … [continued]
“Solar is playing an increasingly important role in Australia’s energy mix,” said the CEO of the country’s Clean Energy Finance Corporation, adding that both the residential and commercial solar industries are ramping up. Oliver Yates, CEO of the Clean Energy Finance Corporation (CEFC), spoke at the Australian Solar Council’s Solar 2015 … [continued]
Originally published on RenewEconomy by Sophie Vorrath Major Australian utility, Origin Energy, is set to launch a solar leasing program in three separate states, focusing on small-scale residential and commercial solar systems. The utility said on Friday last week it would start rolling out the program in Sydney, Adelaide, Brisbane and … [continued]
Australia achieved 3 GW or 3,000 MW of wind power generation for the first time, surpassing a record set in December, 2014.
Last Friday a provisional deal was struck between Australia’s Government and the Opposition Party that will cut the country’s 2020 Renewable Energy Target from 41,000GWh to 33,000GWh. The cut is not as bad as it could have been, but there’s very little good news to be had other than that, with … [continued]
Solar energy will now be used to treat wastewater at a treatment facility in South Australia, after phase one of Australia’s first floating solar plant was launched recently in Jamestown, South Australia, where it will begin supplying power to the wastewater facility owned by Northern Areas Council. The plant floats on sewerage water of the facility, … [continued]
