Highlights

The fallout of Victoria’s Solar Homes Program is verging on a “bloodbath” in the words of the Smart Energy Council (SEC) CEO John Grimes, who spoke at length in a SEC Webinar featuring over 200 Victorian solar industry actors about the adverse impacts of the program for both the industry and consumers. The SEC is now readying for action.

Following similar calls from other industry bodies, the Clean Energy Council has urged the Victorian government to review its landmark Solar Homes Program and warned about the serious effects its dynamics has on the industry.

New research released this week by The Australia Institute shows that ‘time of use pricing’ (ToU) facilitated by smart meters is likely to drive up household energy costs by $429 a year on top of already high prices. Analysis of national electricity market data suggests that demand for electricity in Australia is very inelastic, which makes ToU more likely to increase the profits of electricity companies than to assist consumers. Households with solar PV and batteries, however, are best suited to cope with this type of pricing. 

Increased storage and strategic transmission development will be needed to ensure the lowest cost and risk transition of Australia’s energy system, the Australian Energy Market Operator states in its latest study. In 20 years time, the need for storage will be at a scale not seen before in the NEM, and both pumped hydro storage and distributed storage are set to play major roles in lowering wholesale electricity prices and building a reliable and resilient power system.

Applications are now open for the Queensland government’s $15 million Hydrogen Industry Development Fund, which will support sustainable and renewable hydrogen projects across the state.

Intensive testing has exposed a range of faults in both lithium-ion and lead-acid batteries and battery management systems. ITP Renewables shares some key findings from its testing program and findings and how its program is providing valuable feedback to suppliers and the wider industry.

As one of the most energy-intensive industries, the resource sector is getting serious about integrating cheap wind and solar energy into its mix to boost bottom lines. Although still predominantly underpinned by gas or diesel, mine operations are increasingly deploying hybrid solutions pointing to the potential of the sector transitioning to 100% renewables – particularly as momentum builds for green hydrogen to play a role in future microgrids.

EnergyAustralia has acquired a 49% stake in the Echo Group of companies which tailors energy efficiency solutions and solar installations for commercial and industrial energy consumers.

The July quota for solar PV rebates under Victoria’s Solar Homes program has been filled within days. The next release will be available in August.

One of Australia’s largest utility-scale solar arrays and the biggest energy storage facilities was given a tick of approval.