After passing through the Federal Coalition party room, Australian states and territory governments have agreed to the release an ‘exposure draft’ of the legislation that will enable the National Energy Guarantee (NEG). Whether it will pass House of Representatives is another matter.
The National Energy Guarantee (NEG) has stumbled, battered and bruised, into today’s coalition party room meeting. It’s hard to imagine it surviving many more rounds in the energy policy boxing ring. While it’s received support from a wide range of businesses and industry bodies engaged with the energy sector, including the Clean Energy Council, a ‘better than nothing’ NEG is looking like a right mess.
While the global PV market is set to record its weakest Q3 demand since 2015, the Australian market will finish the year strong across all segments. GTM Research made the finding in its latest Global Demand Monitor, noting that oversupply and falling prices will result in a decline of modules, as a percentage of total utility scale developer cost, from 34% to 28% in Australia this year.
Mixed messages have emerged from today’s COAG Energy Ministers’ meeting today, after what was meant to have been a decisive meeting for the National Energy Guarantee (NEG) policy measure. Fundamental opposition from some Labor states remain, however an agreement to release the draft legislation was reached – after it passes the test of the coalition party room.
Federal Labor leader Bill Shorten has chosen a visit to UNSW’s solar research facility to push for “fair dinkum” negotiations between the Federal Government and the states over the NEG tomorrow. Labor may look to secure a higher NEG emissions reduction target in the Senate, after passing the lower house.
Aevitas will design and construct a 3.6 MW solar PV array for Australia’s largest cotton producer. The Cubbie Solar Project will supply 40% of Cubbie’s electricity demand, during its peak ginning season between April and September.
The Australian Labor Party is rallying around a position demanding that the coalition party room signs off on the National Energy Guarantee (NEG) before Labor-lead state governments give their go-ahead. Federal energy and environment minister Josh Frydenburg will take the policy to state energy ministers on Friday.
Difficulties in finalizing grid connection are causing Australian utility scale PV project developers delays, potentially undermining viability. The impact can be particularly harmful for merchant projects, with LGC and wholesale electricity prices forecast to fall over the next two years.
When pioneering and award-winning solar researcher Stuart Wenham passed away suddenly shortly before Christmas last year, some in the PV industry may have wondered what would become of his research into the role of hydrogen in crystalline silicon cells. His daughter, Alison Ciesla is answering that question alongside Wenham’s former team at UNSW, advancing its work into the crucial role of hydrogen in the degradation of silicon cells.
Falling module prices could very well dramatically enhance the competitiveness of large scale solar in Australia – pushing the price at which PV can be produced below the wholesale curve. Rystad Energy believes that with a 20-30% module price decline, as has been forecast, $60MWh utility scale solar could become the new reality.
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