The Clean Energy Council says new analysis shows renewable energy projects under the Renewable Energy Target (RET) scheme are already reducing power prices for industry across the country, despite increasing gas power prices. Citing Australian Industry Group data contained in a report, Worse to Bad, the CEC says cheap solar, wind and battery storage will eventually replace prohibitively expensive […]
A leading market analyst calls the Australian Competition and Consumer Commission report on electricity pricing a partisan attempt to help coal generators. Energy consultant Danny Price told the ABC the new report is a “political document”. Its proposals are likely to drive investors away from the energy market rather than reduce prices, he claims. The manager […]
Coal fired plants could go on producing energy for more than 20 years, states a new report by the Australian Energy Market Operator (AEMO). Existing coal generators should be allowed to live out their lives to ensure an affordable and reliable electricity supply, AEMO’s ‘Integrated System Plan’ report recommends. Welcoming the report, Energy Minister Josh […]
The Australian Competition and Consumer Commission (ACCC) wants to remove solar energy incentives, effectively increasing the future solar panel installation cost. A report released by the ACCC last week expressed concern over the high cost of electricity in Australia, stating: “Australia is facing its most challenging time in electricity markets. High prices and bills have […]
Solar battery systems are slashing power bills in 100 South Australian homes as Tesla’s virtual power plant program kicks off. The announcement was made by the South Australian Government yesterday. Savings of up to 30 per cent on electricity bills are expected as the scheme rolls out to thousands of low income households in South Australia. […]
Federal Minister for Resources Matt Canavan says he doesn’t care if baseload power source is coal, gas, solar, wind or “chook poo”. The Queensland LNP Senator told ABC’s RN Drive program that politicians need to put ideology and partisanship aside to fix the problem. He said the lack of baseload power in the grid must be addressed and […]
A $3.12 million initiative will develop a new Australian home battery standard for batteries connected to rooftop solar power. Led by global certification body DNV GL, and backed by $1.4 million in ARENA funding, the project aims to help customers make the best decision when purchasing battery storage for homes and businesses. The proposed Australian Battery […]
A poll by Victorian electricity network owners asking who should pay for the main grid’s upkeep in respect to the solar network cost appears to have backfired. The jointly-owned CitiPower and Powercor network operators asked customers via Facebook who should pay for network upgrades – all customers, or just those with solar who export power […]
Two of the solar industry’s most respected bodies have lashed out at an Australian Competition and Consumer Commission (ACCC) proposal to scrap the national rooftop solar subsidy by 2021. The Clean Energy Council and Smart Energy Council both say the Small-scale Renewable Energy Scheme (SRES) gives customers access to one of the few ways they […]
A panel member on the ABC’s Q&A program has confronted Federal Resources Minister Matt Canavan with her solar electricity bill to show how she beats the cost of coal-fired power. Victoria Fielding, a South Australian marketer, showed the minister her latest electricity bill. Thanks to her solar power installation it was in credit by $1.18. Canavan is […]