Australia is expected to be the world’s largest residential energy storage market in 2019, according to a short note published this week by Bloomberg New Energy Finance, accounting for 30% of global demand as household storage demand triples.
The Victorian Labor Party was re-elected to power in the State’s Saturday election this past weekend in a victory that is being described as “stunning,” “a landslide,” and a “bloodbath.” In fact, the Labor Party will return to power with more seats than have been held in over 15 years, delivering the party a strong mandate that includes important policies on climate change and renewable energy.
The Victorian Labor Party announced on Thursday that, if re-elected in the upcoming State election, it would increase the state’s Renewable Energy Target to 50% by 2030 in a move intended to create thousands of jobs, increase renewable energy in the state grid, increase investment, and drive down energy prices.
What does the current state of affairs in Australia mean for the renewable energy industry? Can it stand on its own, or will fossil fuels reclaim their dominance?
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]
As an Australian, 2014 was not a good year for me as a clean technology reporter. My country’s new conservative leadership seemed to be going out of their way to make bad policy decision after bad policy decision. Here’s a brief look back at the year that was for Australia … [continued]
Originally published on RenewEconomy. The Victorian Labor Party has sought to underline its renewable energy credentials by vowing to help the town of Newstead, near Bendigo, to become 100 per cent renewable energy by 2017, and become the state’s first “solar town”. The commitment comes a few days after party … [continued]
It will come as no surprise to regular readers of CleanTechnica that I am not a huge fan of the current Australian Liberal-Coalition Government and their recent decisions to scrap the carbon tax and the impending changes to the Renewable Energy Target suggested in a recent panel recommendation. Over the past … [continued]
As part of its push for renewable energy infrastructure development under the low-carbon development plan, the Australian government has announced plans to invest A$400 million to develop 150 MW of off-grid renewable energy projects in the rural areas of the country. The funding for these projects will be provided by … [continued]
