6 September REneweconomy news
RenewEconomy-
Billionaire Cannon-Brookes backs home energy loan start-upAustralian tech investor Mike Cannon-Brookes has tipped close to $4m into home energy loan start-up Brighte.
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Gas and hydro get big $ in energy markets, solar and wind paid lessHydro and gas generation get higher half hourly prices than coal in Australia’s energy market. Wind & solar PV take a discount.
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Wind and solar facing “valley of death” despite changing economicsAustralia faces energy crisis caused by failure of Labor and Coalition to face reality of both climate change and the technological transformation of the energy sector.A bunch of reasons to be optimistic about clean energy in AustraliaRenewable energy is increasingly profitable without subsidies, and coal has become uninvestable without government intervention – this used to be the opposite.Know your NEM: Baseload and reliability to take centre stageNo one will be surprised if AEMO projects a potential problem this summer in reports to be released this week.
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Electricity bill relief package welcome news for households doing it toughPIAC’s Energy + Water Consumers Advocacy Program (EWCAP) has welcomed the NSW electricity bill relief package, announced yesterday
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Renewable Energy Market Report: Connection worries force prices upThe key issue at moment around LGC prices remains the commissioning dates for new fleet of wind and solar generation.
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How Tesla’s big battery can smash Australia’s energy cartelRegulator report cites seven different occasions where Australia’s big energy players used market power to push up prices nearly 100-fold. No wonder South Australia has pushed for Tesla big battery, which is likely to be able to smash this cartel, despite being derided by the Coalition.
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New “ethical” debt fund targets renewables “merchant” marketWith $50m in backing from Future Super, new debt fund taps renewable energy “sweet spot” – including small to medium solar projects with no PPAs.
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Will wind and solar be penalised by baseload hysteria?AEMO report will be critical to design of policy and market rules, but wind and solar industry fear they are going to be unfairly penalised, when it is the fossil fuel fleet causing much risk to the energy system.
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