Markets & Policy

It’s not just big companies that are benefiting from digitisation and data analytics. Today sees the rollout of a new optimising algorithmic marvel that easily shows solar PV owners which of a myriad of constantly changing retail energy plans will save them the most on their electricity bill. No need to die wondering!

Debate on independent MP Dr Helen Haines’ Australian Local Power Agency Bill 2021, which seeks to anchor the benefits of renewables projects in their hosting regions, will be informed by Friday’s parliamentary committee hearing of submissions on the proposed legislation. A number of valid discussion points have been raised.

The sky is the limit. Fortunately, this expression does not apply to current prices for PV panels, which have recently declined, following a continuous rise since the beginning of the year. Whether this situation holds, or whether prices drop further in the coming months is hard to say at the moment, writes Martin Schachinger of pvXchange. Polysilicon prices and thus wafer and cell prices could be in for a slight decline. However, a decisive movement in module prices in general is unlikely before the fourth quarter.

Lithium-ion batteries remain the front-runner to power EVs, but without clearer recycling plans from the European Union and the United States, the balance isn’t yet tipped away from heavy mining of new materials to focus on supplying industry needs, writes Ian Morse.

AUSTRALIA’S largest planned Renewable Energy Zone has been ‘swamped’ by investors with the New South Wales government revealing that more than 80 new solar, wind and energy storage projects, totalling a massive 34 GW, had been proposed for the New England region.

Photon Energy reported raised revenue from sales of electricity in the second quarter of the year, compared with 12 months earlier, but said grid hold-ups at 14.6 MW of solar projects Down Under had affected performance.

The Energy Security Board’s newly revealed market reforms have sparked widespread scrutiny with the Clean Energy Council declaring that among the recommendations are proposals that risk further undermining confidence in future investments in clean energy generation.

A parliamentary inquiry has been told Australia’s ageing transmission network “urgently” needs upgrading to deliver new solar PV and wind power to cities as the nation’s transition to renewable energy generation continues to accelerate.

The Energy Security Board’s market reforms have come under fresh scrutiny after ministers met last week under a veil of secrecy, apparently stirring deep rifts between federal and state ministers and other stakeholders. While it remains unclear what the Board’s proposed capacity market, dubbed by some as ‘coal-keeper’, might look like, Dan Cass, who leads energy policy at the Australia Institute, told pv magazine Australia as long as Angus Taylor isn’t steering, he’s optimistic that state governments and the ESB could work towards a reasonable outcome.

Australian electricity network owner Spark Infrastructure has accepted a $5.2 billion takeover bid from a North American consortium led by private equity giant Kohlberg Kravis Roberts & Co.