Policy

In late January Japan’s Sumitomo Corporation Group took its first step into the distributed generation market, with its acquisition of Perth-based Infinite Energy. Infinite’s founder and CEO Aidan Jenkins says “after being the little guy” the Sumitomo balance sheet will allow the company to compete with the major electricity retailers – if state government in WA gives them the chance.

The Smart Energy Council has hailed today’s announcement of NSW Labor’s policy to drive 7 GW of renewable energy into the National Energy Market by 2030 as “the biggest rollout of renewable energy in Australia’s history”.

In the likely last full fortnight of Parliament before the Australian Federal election, the Clean Energy Council has thrown all political parties a lifeline in the form of 10 policy recommendations to grow renewable energy, as a low-cost source of electricity, a planet-saving emissions-reduction strategy and as a sustainable industry.

The Committee for Economic Development of Australia (CEDA) has released its 2019 Economic and Political Overview, calling for “durable policy in energy and climate change” in a year it says will be wracked by economic uncertainties.

Backed by an estimated $15 million raised from the sale of renewable energy certificates, EnergyAustralia will install free solar PV and battery systems for participating charitable organizations, with the goal to connect them into a virtual power plant and slash their electricity bills by as much as 50%.

A proposal to mandate solar and storage systems for all new dwellings has been proposed by the NSW Greens in the lead up the state election. The policy is a part of a wider package that the party says will see one million households add rooftop PV over four years.

The nation already meets well above 80% of its electricity demand from renewable energy. With e-mobility and electric industrial processes on the rise, higher demand has created new development opportunities.

In the aftermath of January’s blackouts in Victoria and South Australia, public policy think thank Grattan Institute underlines that blaming renewable energy for supply failures is wrong and dangerous. The new report flies in the face of repeated claims by the Coalition government that renewables are undermining the reliability of electricity system.

Call them aspiring sun gods: In the lead up to the 2019 New South Wales election on 23 March, Shadow Minister for Energy and Climate Change Adam Searle and the NSW Liberal & National Government Energy Minister Don Harwin have both announced solar policies that support NSW householders to install rooftop solar-PV systems and thereby reduce their energy bills.

While U.S. senators Ed Markey and Alexandria Ocasio-Cortez introduce a resolution for a clean energy package, legislation has been tabled in six states aiming to implement 80-100% clean energy by 2050 or earlier.