Australian Energy Market Operator (AEMO) CEO Audrey Zibelman has turned heads at the Smart Energy Council’s National Smart Energy Summit in Sydney, saying that by 2040, 25% of Australia’s electricity will be produced by rooftop solar PV.
Despite lambasting Labour’s 50% renewable ambition by 2030 as fanciful, the Government’s 2019 Emissions Projects Report shows that the country will reach that mark of its own accord, with very little help from the Coalition government.
Two years after announcing its market entry, the India-based EPC heavyweight has commenced construction of its first Australian project.
A global study has found that Australia lacks interest in EVs, a finding due largely to the impedimental admixture of cost, range anxiety and lack of charging options.
The AEMC’s annual report on electricity price trends predicts the continued fall in electricity prices around Australia. The trend, says the AEMC, is driven in some large part by the influx of renewable energy generation.
California-based Greentech startup ReCarbon, which recycles greenhouse gases by converting them into hydrogen, is targeting a big Australian investment.
Construction is underway on the first urban solar farm to harness the power of clean energy using Epho’s Bright Thinkers Power Station. The technology overcomes various constraints for solar in the city allowing installations to operate both behind and in front of the meter.
Victoria’s Essential Services Commission has proposed electricity retailers should offer PV owners the option to choose between a single rate feed-in tariff and a time-varying feed-in tariff, and set lower minimum rates for both.
Tasmania’s ambitions of becoming the Battery of the Nation improve after early reports on the proposed Marinus Link, a second interconnector between Tasmania and Victoria, show the project’s economic advantages far outweigh expected costs.
The release of AEMO’s 2019/20 Summer Readiness Report has set the scene for another summer of excessive heat and risk for the grid. However, AEMO has stressed the importance of the influx of solar PV to the grid.
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