Australian news, and some related international items

6 September REneweconomy news

  • Billionaire Cannon-Brookes backs home energy loan start-up
    Australian tech investor Mike Cannon-Brookes has tipped close to $4m into home energy loan start-up Brighte.
  • Gas and hydro get big $ in energy markets, solar and wind paid less
    Hydro and gas generation get higher half hourly prices than coal in Australia’s energy market. Wind & solar PV take a discount.
  • Wind and solar facing “valley of death” despite changing economics
    Australia 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 Australia
    Renewable 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 stage
    No one will be surprised if AEMO projects a potential problem this summer in reports to be released this week.
    • Electricity bill relief package welcome news for households doing it tough
      PIAC’s Energy + Water Consumers Advocacy Program (EWCAP) has welcomed the NSW electricity bill relief package, announced yesterday
    • Renewable Energy Market Report: Connection worries force prices up
      The key issue at moment around LGC prices remains the commissioning dates for new fleet of wind and solar generation.
    • How Tesla’s big battery can smash Australia’s energy cartel
      Regulator 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.
    • New “ethical” debt fund targets renewables “merchant” market
      With $50m in backing from Future Super, new debt fund taps renewable energy “sweet spot” – including small to medium solar projects with no PPAs.
    • 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.

September 6, 2017 - Posted by | AUSTRALIA - NATIONAL, energy

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