COAG NEG agreement: States back Turnbull’s National Energy Guarantee
The COAG Energy Council today voted to look further into the Federal Government’s National Energy Guarantee (NEG). The Energy Council is made up of all state and territory energy ministers. By avoiding an all-out energy war, Prime Minister Malcolm Turnbull can now concentrate on the NEG’s details. South Australia and the ACT did seek to […]
Aussie solar shopping centres getting CEFC investment
The Clean Energy Finance Corporation (CEFC) will invest $200 million into QIC’s Global Real Estate flagship Shopping Centre Fund to undertake improvements in energy performance across its shopping centre portfolio. This could lead to more solar shopping centres. This is the CEFC’s largest property investment commitment to date. It will support improvements in solar shopping […]
Federal Government NEG analysis shows RET cuts power bills
New wind, solar and bio-energy projects built between now and 2020 under the national Renewable Energy Target (RET) will cut power bills by hundreds of dollars a year next decade. That’s according to analysis on the proposed National Energy Guarantee (NEG) released by the Federal Government this week. The government released a summary of the […]
Smart Energy Council: a new national voice for solar power
The Australian Solar Council and the Energy Storage Council have combined to form the Smart Energy Council. The Council is a new peak industry body for the solar, storage and smart energy industries. Smart Energy Council chief executive John Grimes is confident Australia will adopt Smart Energy in the near future. “We represent the most […]
States urged not to shun COAG meeting on National Energy Guarantee (NEG)
State governments should use this week’s COAG meeting to explore the potential of the Australian Government’s proposed National Energy Guarantee (NEG), a peak industry body claims. COAG (Council of Australian Governments) usually meets twice every year, or as needed. The Clean Energy Council (CEC) is urging state and territory governments to work with the Federal […]
Fremantle solar / renewable energy and blockchain project gets $8 million grant
The Australian Government and industry partners will contribute $8.26 million to a project trialing the use of blockchain-powered renewable energy and water systems in the City of Fremantle. This will enhance Fremantle solar credentials. The $2.57 million funding is part of the government’s $50 million Smart Cities and Suburbs Program. Project partners, including Murdoch and Curtin […]
Energy jobs cut by 20,000 under National Energy Guarantee (NEG)
Australia could forgo around 20,000 new energy jobs under the Federal Government’s proposed National Energy Guarantee (NEG). An independent study by EY confirms a massive job reduction in the national electricity sector. Climate Councillor Andrew Stock says Australia’s booming renewables industry would therefore “grind to a halt” under the NEG. According to Mr Stock, the […]
Australia’s clean energy report card for October
The Clean Energy Regulator has released its clean energy report for October. Queensland continues to dominate in a national tally that is currently tracking higher than September. There were 7412 small-scale systems installed nationally in October, with a total capacity of 37 991 kW. The report also found that: Queensland has the highest level of […]
World-first hybrid solar and hydro power plant closer to completion
The world’s first integrated solar and pumped hydro hybrid project in Kidston is one step closer to completion. Australian Renewable Energy Agency (ARENA) today announced up to $5 million in funding to Genex Power Limited to help bring the landmark hybrid solar hydro project to a financial close in 2018. The Kidston Stage Two is […]
Regulator seeks feedback on Renewable Energy Target amendment
The Clean Energy Regulator is inviting submissions on a draft amendment to the Renewable Energy Target scheme. The amendment concerns medium-sized solar PV installations which fall under Large-scale Renewable Energy Target (LRET). The Renewable Energy Target (RET) scheme operates in two parts: the Small-scale Renewable Energy Scheme (SRES) and the Large-scale Renewable Energy Target (LRET). […]
