Australia’s chief competition regulator has effectively okayed the practice of South Australia’s major energy generators exercising their market power to manipulate wholesale electricity prices in the state. “I think the […]
Tag: Australian Financial Review
Grid-scale battery storage proposed as solution to electricity market woes
A leading Australian energy policy expert has called for the adoption of grid-scale battery storage on Australia’s National Electricity Market, as an “immediate” solution to bringing increasing amounts renewables onto […]
AGL’s chief economist calls solar subsidies a ‘hidden scam’ in conversation with Financial Review
One of Australia’s biggest energy utilities – and the nation’s biggest generator of coal-fired power – has described rooftop solar tariffs as a billion-dollar “scam” being paid for by non-solar […]
Australian investment in large-scale renewables took a nose-dive in 2014 due to RET uncertainty
A report from Bloomberg New Energy Finance shows that Australia is on track to record its lowest level of asset financing for large-scale renewables since 2002, with just $193 million […]
Shorten: Abbott must reject Warburton review as prerequisite for deal on RET
In a show of support for Australia’s rooftop solar industry, the leader of the opposition, Bill Shorten, has called on the government to ignore the recommendations of the latest RET […]
Labor affirms support for unaltered RET
The Australian Labor Party has reaffirmed its support for the Renewable Energy Target in its current form, with ALP leader Bill Shorten saying that the RET review panel’s report containing […]
Uncertainty about RET, already plaguing renewables investment, could also drive up electricity prices for consumers
Electricity prices could jump dramatically if the future of the Renewable Energy Target (RET) is not settled by the next election, according to analysis published by Bloomberg New Energy Finance […]
Coalition hints at openness to compromise on Renewable Energy Target: Financial Review
Officials in the Coalition have hinted that the government is unlikely to seek to eliminate Australia’s Renewable Energy Target (RET) and that a compromise with the Opposition in which the […]
Lazarus, with an Abbott bypass: What PUP’s support means for the RET
Palmer United senator Glenn Lazarus last week reaffirmed his party’s support for Australia’s Renewable Energy Target following the release of the RET review panel’s report recommending that the scheme be […]
As solar industry braces for RET review results, solar boom looks imminent
The Australian Solar Council, in preparation for the the announcement of the recommendations of the Renewable Energy Target (RET) review panel, has urged installers across the country to ‘sell solar’ in […]
Aussie renewable energy industry speaks out against PM’s anti-RET intentions
Australia’s renewable energy industry has hit back at reports the Prime Minister is pushing for the Renewable Energy Target to be abolished, warning that this would leave the nation “dead […]
Coalition would need to ‘get the Greens convinced’ in order to abolish RET: Palmer
In an encouraging sign that he will not be backing down (or backflipping) on his promise to support the Renewable Energy Target (RET), Clive Palmer has sarcastically commented that the Coalition will […]
Government still looking to scrap RET rather than ‘compromise’ and weaken it: Financial Review
The Australian Financial Review, in a front-page article on the topic, says that the Prime Minister and his closest cohorts still harbour intentions of scrapping the Renewable Energy Target (RET) […]
RET report delayed as review panel asks for extension; renewables industry continues to hold its breath
The panel tasked with reviewing the Renewable Energy Target (RET) has requested an extension to complete its final report, according to the Australian Financial Review. The report, which was originally […]
