Have you heard about the proposed “solar tax”? Haha! But seriously, there’s more to it than meets the eye. A multitude of perspectives and considerations are brought to light in the submissions made to the AEMC. We take a shallow dive … and recommend total immersion.
There’s nothing simple about the Australian electricity system in transition. The constantly shifting landscape requires continuous regulatory adjustment to old coal-fired settings. That, too is fraught. One network services provider gives their perspective on the rule change currently under consideration.
Alliances with Germany and Japan to develop and commercialise emissions-reducing technologies would be a coup for Australia, if there were any concerted efforts at home to reduce emissions in line with international initiatives, and transition Australian industries to be competitive in a carbon-pricing world.
Climate and energy specialists at the Australian National University have published a working paper on the data that will create a set of indicators to quantify the progress of Australia’s energy system transition. Initial findings show that despite renewables-driven strides in electricity supply, reductions in emissions have come from elsewhere, and the transport, industry and buildings sectors are dragging the country backwards.
Australia’s success with widespread residential take-up of solar PV installations may be facing a stumbling block, a new proposal by the Australian Energy Market Commission (AEMC), the rule maker of the nation’s grid. And for solar veterans, the development summons the ghoul of Spain’s infamous “sun tax.”
South Korean solar module maker LG Electronics has unveiled a new range of solar panels for residential and commercial PV projects which it has described as the most reliable and efficient renewable energy solution it has yet created.
Telecommunications giant Telstra has continued it transition to renewable energy, signing a long-term agreement to purchase electricity from the Crookwell 3 Wind Farm being built near Goulburn in New South Wales.
Japan’s biggest oil refiner Eneos and Tokyo-based trading house Sojitz have entered the large-scale solar sector in Australia, announcing they will build a 204 MW solar farm in Queensland.
The Queensland government has underscored its commitment to a clean energy future, announcing a $2 billion fund to be used to finance new renewable energy and storage projects, hydrogen production and clean energy resources projects.
An increasingly dynamic low-carbon hydrogen market has seen a deluge of government support, corporate commitments, announced projects and even bystander intrigue over the past 18 months. We believe this activity amounts to a paradigm shift which will see green hydrogen – hydrogen created from the electrolysis of water using renewable energy – emerge as a key element of the energy transition.
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