Antinuclear

Scott Morrison says solar and wind are commercially viable and do not need subsidies from the $1.43bn funding,    Guardian,  Katharine Murphy and Adam Morton, Thu 17 Sep 2020 The Morrison government will continue to fund Australia’s renewable energy agency to the tune of $1.43bn over a decade but overhaul its mandate so there will be less investment in solar and wind, and more focus on investment in hydrogen, carbon capture and storage, microgrids and energy efficiency.The baseline funding for the Australian Renewable Energy Agency (Arena) will be supplemented by a transfer of funds from the government’s emissions reduction fund and a new grants program worth $193.4m – but that represents a funding cut to the agency which was established by the Gillard government in 2011.

The significant overhaul will be unveiled by Scott Morrison on Thursday ahead of the government outlining its next steps in the technology roadmap, which is the government’s emissions reduction strategy. The energy minister, Angus Taylor, is expected to unveil the government’s inaugural low emissions technology statement during a speech at the National Press Club early next week……..

The Morrison government will continue to fund Australia’s renewable energy agency to the tune of $1.43bn over a decade but overhaul its mandate so there will be less investment in solar and wind, and more focus on investment in hydrogen, carbon capture and storage, microgrids and energy efficiency………

The government will also continue to plough more taxpayer funds into carbon capture and storage through a $50m fund, while $70.2m will be allocated for an export hydrogen hub. …….

The overhaul of Arena follows the government outlining first steps in its much vaunted “gas-led recovery” from the economic shock caused by the coronavirus. Morrison on Tuesday pointed to new commitments in the October budget, including funding of $52.9m to unlock more gas supply and boost transport infrastructure.

As well as flagging that the government would back the construction of a new gas-fired power station in the Hunter Valley if the energy company AGL failed to replace Liddell, Morrison held open the option of taxpayer underwriting for priority gas projects, streamlining approvals or creating special purpose vehicles for new investment.

While Morrison and Taylor have been muscling up about the importance of new generation to replace Liddell, the government’s proposition has not been backed by a taskforce report commissioned to assess the impact of its closure.

Morrison said this week the government had estimated 1,000 megawatts of new dispatchable electricity generation capacity would be needed to replace Liddell, which owner AGL has announced will close in early 2023.

But the taskforce does not find that 1,000MW of additional dispatchable electricity would be needed. It listed a range of energy committed and probable projects that it found would be “more than sufficient” to maintain a high level of power grid reliability as Liddell shut.https://www.theguardian.com/australia-news/2020/sep/17/coalition-to-divert-renewable-energy-funding-away-from-wind-and-solar