A new survey found that 77% of Australians believe large-scale solar facilities can be of great help to the future, but the news comes at the same time as a separate report criticizing the Australian Government’s solar industry subsidies. Solar Receives Public Support Commissioned by the Australian Renewable Energy Agency, and … [continued]
Originally published on RenewEconomy Oh dear. Here we go again. The solar industry is clearly winning the battle to turn the global electricity industry upside down and inside out. The plunging cost of battery storage will accelerate that process. It’s just that some people have a hard time accepting it. … [continued]
Australians now have access to some of the cheapest electricity in the industrialized world — but not because grid electricity rates are low. In fact, Australians pay a lot for the electricity that they purchase from their utilities (and are generally quite unhappy about this). Instead, as Hugh Bromley of Bloomberg … [continued]
Jumping off the tram or bus to roam city streets, drink in the architecture, or just arrive at work in an urban area would be so much better if air quality were fresh and fine. Melbourne, Australia, considers this very thing and intends to leave behind those suffocating, smelly fossil fuels… … [continued]
Originally published on RenewEconomy by Sophie Vorrath How large are global energy subsidies? The answer: quite a lot larger than we thought, according to new estimates from the International Monetary Fund, which puts the cost of subsidising fossil fuels at an enormous $5.3 trillion a year, or around $10 million … [continued]
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]
