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Policy

Solar to suffer as Australia drags heels on National Energy Guarantee, says BNEF

Proposed National Energy Guarantee program could see investments in solar and wind power fall dramatically should PM Turnbull overlook stricter 2030 emissions reduction target, Bloomberg New Energy Finance reports.

Leading solar, storage bodies combine to form Smart Energy Council

The Smart Energy Council, a merger of Australia’s leading industry bodies for solar and storage, will be looking to better reflect the country’s energy future.

ASC adds financial expertise, Oliver Yates joins board

Former Clean Energy Finance Corporation (CEFC) CEO Oliver Yates has joined the board of the Australian Solar and Energy Storage Council.

The clock ticks: ITC turns Section 201 over to President Trump

With the receipt of the final report by the ITC, the Trump Administration now has 60 days to take action on the Section 201 case. The probability of restrictive tariffs is high, a move that will likely have impacts on the global solar industry.

Australian Solar Council warns of risk to commercial STCs

The peak solar body has warned that the Australian Federal Government is planning to abolish STCs for commercial solar projects – threatening one of the fastest growing market segments.

Queensland to offer no-interest loans for solar systems

As part of the $2 billion affordable energy plan, the Queensland Government has announced it will invest $40 million in schemes to improve access to both solar energy and storage systems.

VRET passed into law

The Victorian Andrews Labor Government’s Renewable Energy Target (RET) has passed into law. The move mandates 25% of the state’s electricity is to be sourced from renewables by 2020 and 40% by 2025.

Uncertainty reigns for WA under NEG

The future of solar deployment in Western Australia remains uncertain under the Federal Government’s National Energy Guarantee policy. Excluded from the program, WA solar proponents report that market conditions “may get even harder” for PV in the state.

U.S. utilities step up attempts to increase fixed charges, minimum bills

The latest report by North Carolina Clean Energy Technology Center shows that American utilities are trying the same tactics to gain more revenue from and/or stop their customers from going solar. But their success rate has not changed.

Energy intensity, security in with the NEG as the CET fades away

Australia’s Turnbull government has finally plotted a course in terms of a post-2020 energy policy, announcing its National Energy Guarantee mechanism.  The move means it is ignoring the recommendations of its own electricity market review conducted by its Chief Scientist, which had advocated for a Clean Energy Target.

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