Policy

With more than 50 GW of new wind and solar projects in the development pipeline, the Australian Energy Market Commission is looking to give developers more detailed and up-to-date information about new generation projects. The new draft rule may help businesses make better investment decisions on where to locate new generators and assess project viability.

The quota for rebates in the August round of the Solar Homes program has been snapped up in only 90 minutes. Solar Victoria reports there are “plenty of rebates still available” for rental solar grants, solar hot water and batteries – the latter in qualifying areas only. Industry bodies say that solar sector in “crisis”.

After it deployed a record $1.3 billion into the clean energy sector in a 12-month period, the Clean Energy Finance Corporation said it will sharpen its focus on energy storage and other technologies to support the stability of the national grid.

A report released by the Future Fuels CRC (FFCRC) details the work of 19 separate hydrogen roadmaps from around the world, showing the focus and drive towards a hydrogen future. While in sync in terms of forecasts suggesting large scale and rapid deployment of hydrogen technologies is expected from around 2030 onwards, the roadmaps seem to have been developed in isolation from one another, the report finds.

The cost of solar power generation in India has fallen to half the level seen in many other markets in the region due to extensive solar resource, market scale and competition. In Australia, solar is expected to break through the coal-fired electricity price barrier next year, when its cost falls to US$48/MWh, WoodMac finds.

With miners around globe stepping up their production capacities to cater to the demand of the electro-mobility and energy storage sectors, supply has outpaced demand leading to a steep decline in lithium prices. Amid slowing growth in China, a number of Australian lithium miners are hurting.

As it transitions from a wind-dominated renewable energy mix to include a wider range of energy options such as large-scale PV, pumped hydro and battery storage projects, South Australia is considering new planning policies.

The Smart Energy Council and Solar Cutters assembled a group of installers to send the message that the Solar Homes rebate scheme is damaging the Victorian solar sector today. The rally was also supported by the Clean Energy Council (CEC), which has called for the Solar Homes rebate to be reduced, and the monthly installation cap ended.

Study claims that investment in a new 1GW nuclear power plant leads to average losses of approximately 4.8 billion euros. It further argues that the technology’s dangerous radioactivity emissions and proliferation risks do not qualify it as a ‘clean’ energy solution to be considered for addressing climate change. Yet still, governments are incorporating the technology into clean energy plans around the world.

The Smart Energy Council (SEC) promised action, and it isn’t bluffing. This Thursday, 25 July at 10:30am the Victorian solar community will rally on the steps of Victoria Parliament House. “The Victorian Government Don’t Get It!” goes the cry as solar workers lose their jobs and companies close in the aftermath of the Victorian Government’s Solar Homes Program, a sad lesson in the law of unintended consequences.