Today the Australian Energy Market Commission’s reliability panel of industry experts and consumer advocates releases its annual review of electricity market performance.
The National Energy Guarantee (NEG) is looking more likely to be implemented with the swearing in of Steven Marshall as the South Australia’s 46th premier today. While the change of government, a of the Liberal party’s victory in Saturday’s election will undoubtedly lead to a departure from some of the Weatherill government’s pro-renewables policies, it also silences a vocal opponent to the NEG at the negotiating table.
Western Australian households and small businesses may have to continue to rely on Synergy for their electricity. Media reports indicate that the WA Labor Government is backing away from plans to introduce full retail contestability (FRC) for residential and small commercial electricity consumers.
The Grattan Institute has warned that surging small-scale solar system installations are depressing midday wholesale electricity prices – giving reason for subsidies to be cut and putting downward pressure of residential PV FITs. Green Energy Markets’ Tristan Edis says the level of solar generation is not yet a problem, and that simple solutions to absorb solar energy during the day are at hand.
The Energy Security Board released its consultation paper on the National Energy Guarantee at the end of last week. Olivia Kember from clean energy advisory Energetics investigates what the emerging policy details reveal about the policy as a means of facilitating emission reductions and spurring innovation.
As the deployment of large scale renewable energy projects picked up the pace in 2017, the 2020 Renewable Energy Target of 33,000 GWh has been put within reach. The Clean Energy Regulator has reported “a healthy surplus” of renewable energy certificates in the Renewable Energy Target market.
Onshore wind and solar PV will go head-to-head for the first time in a new 200 MW tender in Germany. Bids for solar PV ground-mounted projects and onshore wind farms can be submitted to the Federal Network Agency by April 3.