Policy

More U.S. jobs in solar than coal and nuclear combined

A new report from a think tank headed by former U.S. Energy Secretary Moniz reveals an additional 100,000 jobs with a part-time solar component, and hints at the political powerhouse that solar is becoming.

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ARENA provides funding to seed ‘solar gardens’ for apartment dwellers, renters

Community solar arrays or ‘solar gardens’ for people who can’t install a residential rooftop PV system could become a reality in Australia, with ARENA pouring in funds to fertilize the concept.

Clean Energy Regulator: RET will be met

There is already enough renewable energy projects under construction or generating to meet the Renewable Energy Target (RET). The Clean Energy Regulator officially confirmed today that the RET would be met, making a mockery of claims by former Environment Minister Greg Hunt that it was “simply not possible” to meet the original RET.

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Zibelman: Demand to ‘compete with supply’, distributed resources could reduce power prices

Bringing electricity demand closer into line with supply will be one of the keys if Australia is to meet the disruptive challenges facing its market, and it’s an approach that could restore the country’s role as an energy leader. A steep challenge but optimistic outlook was offered by AEMO CEO Aubrey Zibelman in a wide-ranging address earlier this week.

COAG energy ministers sign off on progressing the NEG

Work on the National Energy Guarantee (NEG) policy will continue, with the COAG Energy Council approving its progress today. The detailed policy will be considered by state, federal and territory energy ministers for final approval in August.

NEG likely to move forward, emission reduction remains sticking point

Signs continue to mount that Friday’s COAG Energy Council meeting will agree to move forward with the National Energy Guarantee mechanism. This comes despite continuing and serious objections from some states to the meagre 26%-on-2005 emission reduction target.

Australia’s slow march towards a National Energy Guarantee is gathering pace

David Blowers, an Energy Fellow with the Grattan Institute, reports that “solid progress” has been made on the design of the National Energy Guarantee.

Clean Energy Council backs the NEG, with conditions

The CEC has encouraged COAG Energy Council to support the further development of the proposed National Energy Guarantee (NEG) in its meeting on Friday. The peak renewables body’s support, however, is contingent on the policy being fleshed out, “and [it] addressing concerns in relation to the emissions target.”

NEG – a political hot potato

In anticipation of a more detailed presentation of the scheme, Energy Minister Josh Frydenberg used the opportunity of the speech to the National Press Club to present the National Energy Guarantee as the best possible option to ensure reliability of supply, describing it as “technology neutral”. Amid mounting criticism leveled by retailers, analysts and leading developers of battery storage, few signs of a national consensus on the proposed NEG are emerging.

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The (long) Weekend Read: A view of the large-scale boom

From just a handful of large-scale solar PV projects a few years ago, Australia is becoming one of the world’s fastest-growing markets. With a substantial project pipeline, the country is in the box seat to experience a banner year in 2018, with the 2020 Renewable Energy Target (RET) now in hand and a new policy taking shape for the period beyond.