Policy

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.

Dylan McConnell from the Australian German Climate and Energy College, at the University of Melbourne, evaluates Federal Government Minister for Urban Infrastructure and Cities Paul Fletcher’s claim that South Australians face the highest electricity charges in Australia as a result of the former Weatherill Government’s policies.

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.

Australia’s large-scale and rooftop solar PV sectors now employ over 10,000 people. The findings were published today in Green Energy Market’s Renewable Energy Index for January 2018.

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.

The South Australian Labor Party has increased its Renewable Energy Target to 75% by 2025. It also plans to introduce a target of meeting 25% of the state’s peak electricity demand with stored renewables – equating to 750 MW of storage capacity.