The territory government announced on Friday that it has paid more than $3 million in grants to six companies. The money will support the roll out of storage installations in homes and businesses across the capital territory, in the form of rebates for customers buying energy storage systems.
AEMO has revealed that soaring rooftop solar in Western Australia is presenting state-owned gentailer Synergy with a quandary, as PV meets expanding volumes of daytime electricity demand while economic hardship is causing record numbers of non-PV households to have their electricity cut off.
A recent article in Bloomberg View illustrates clearly the mythology and misinformation that abounds regarding renewable energy, which in many cases is spread by the media.
Looking back on an unprecedented year for Australia’s renewables sector, when it was never far from mainstream headlines, 2017 may very well be the watershed year for the industry. And it is the states, rather than the federal government, which have taken the lead.
The Victorian Renewable Energy Auction Scheme (VREAS) makes community engagement an eligibility and evaluation criteria for funding, with a benefit-sharing program a first in State Government regulation of renewable energy projects.
The Australian Greens are continuing their advocacy for a RET extension and expansion beyond 2020, on the back of the Australian Energy Market Commission (AEMC) finding that renewables are driving down electricity prices. In its latest report on electricity prices, AEMC has found that much of 2017’s 11% residential price increases will be “reversed” as around 4 GW of renewables come online – driven by the RET.
As it officially came into force on Wednesday, the International Solar Alliance was welcomed by Australia, one of its 19 founding members.