Electricity price hikes: Australia’s power struggle
Australians are paying too much due to electricity price hikes. In the five years to 2013, the average household power bill rose 70 per cent, from $970 to $1,660 annually, according to a Grattan Institute report. More recently, a Federal Court decision handed down in May means NSW and ACT households could expect electricity price […]
Victorian eco-village points the way to a clean energy community
A new eco-village in Victoria hopes to set an example for renewable energy and sustainability across Australia. ‘The Paddock’ eco-village project, launched this week, is located in the former gold mining town of Castlemaine. Its developers aim to “create a new standard for sustainable living that fosters a sense of community and closer connection to nature”. The […]
Big business fights back against Trump with energy goals
Big business may be the way to save America’s renewable energy targets that have now been abandoned under President Trump. This comes as more and more large companies such as Apple and Google continue their global work to help reduce the amount of CO2 they produce despite last week’s shocking announcement. As more and more […]
Australian Energy Conference covers storage, policy
The Australian Energy Storage Conference and Exhibition kicked off today with Energy Matters in attendance to catch all the latest trends and industry insights during the two day event. The event which is free to attend features some of the brightest minds and innovative ideas in solar today with talks on topics by those from […]
Utility-scale solar price falls below $1 per watt in the US
Utility-scale solar costs have reached new lows in the US, falling below $1 per watt in the first quarter of 2017. According to a new market insight report from America’s Solar Energy Industries Association (SEIA) and GTM Research, the record low price was achieved through surging growth of 145 percent in the utility sector in 2016, […]
AGL electricity price hikes flagged of up to $600
NSW, Queensland, SA and the ACT could be hit by AGL electricity price hikes of up to $600 a year from July 1st. Energy retailer AGL is the first major company to announce its new prices. The ACT will be hardest hit with electricity tariffs up 19 per cent. South Australians will see their annual […]
Australian Energy Regulator releases report
The 2017 “State of The Energy Market” report has been released by the Australian Energy Regulator with surprising findings. The study which looks into different areas of the energy market claimed that 2016 was one of the most challenging times since 1998 when the National Electricity Market was established. The main areas looked at were […]
Finkel review calls for Clean Energy Target to cut emissions
The much-anticipated Finkel review of Australia’s energy network says a new Clean Energy Target will encourage new low emissions generation into the market. The ‘Blueprint for the Future Security of the National Electricity Market’ review was commissioned by federal and state energy ministers last year. It was headed by Chief Scientist Dr Alan Finkel, its […]
Renewable energy sets new global supply record
Global renewable energy capacity saw its largest annual increase ever, reaching 10 gigawatts (GW) of new generation installed worldwide. That’s according the latest Renewables Global Status Report from renewable energy coalition REN21. The report states that in 2016, renewable energy provided nearly 20 percent of the world’s final power consumption. Most of the new growth […]
Queensland on track for 2030 renewable energy target
The Clean Energy Council (CEC) says Queensland’s commitment to a 50 per cent target for renewable energy by 2030 means more jobs, lower prices. The Queensland Government announced a reverse auction scheme this week expected to deliver 400 MW of new projects. CEC Chief Executive Kane Thornton said in a statement that Queensland is in the […]