AGL Energy profit jumps thanks to soaring power prices
Amid the intense discussion surrounding the National Energy Guarantee’s promise to cut power bills by $550 a year, Australia’s biggest power producer has reported its full year profit almost trebled, and its underlying profit rose by nearly a third.
Labor shapes for higher NEG emissions reductions via the Senate
Federal Labor leader Bill Shorten has chosen a visit to UNSW’s solar research facility to push for “fair dinkum” negotiations between the Federal Government and the states over the NEG tomorrow. Labor may look to secure a higher NEG emissions reduction target in the Senate, after passing the lower house.
Victoria, ACT harden stance on NEG, clear battle lines form
As the debate heats up in the run up to Friday’s COAG meeting, the Victorian government has issued a last-minute call to redraft the proposed National Energy Guarantee (NEG), and the Australian Capital Territory has redefined its NEG approval conditions in regard to the emissions target. Meanwhile, Australia’s peak renewable energy bodies have taken opposing positions.
UNSW scientists surpass 10% efficiency with CZTS PV cell
Researchers at UNSW have surpassed 10% efficiency for a cell based on copper zinc tin sulfide – sulfide kesterite. It is the fourth time in two years the group has set a new record for the efficiency of cells based on such materials.
Cubbie powers cotton production with PV, Aevitas awarded EPC contract
Aevitas will design and construct a 3.6 MW solar PV array for Australia’s largest cotton producer. The Cubbie Solar Project will supply 40% of Cubbie’s electricity demand, during its peak ginning season between April and September.
Combining PPAs with demand response delivers savings for businesses
A new report shows that coupling renewable power purchase agreements with demand response, reducing consumption when prices are high, could increase electricity savings on top of those delivered under the PPA by one third.
Majority of Australians want more renewables, poll shows
In the lead up to a COAG energy ministers’s critical meeting this week, a poll conducted by ReachTEL for Greenpeace Australia Pacific shows that over 70% of respondents want an ambitious renewable energy target to drive down electricity prices.
Labor calls for coalition party room support before NEG agreement
The Australian Labor Party is rallying around a position demanding that the coalition party room signs off on the National Energy Guarantee (NEG) before Labor-lead state governments give their go-ahead. Federal energy and environment minister Josh Frydenburg will take the policy to state energy ministers on Friday.
Increasingly complex connection requirements delaying projects, damaging economics
Difficulties in finalizing grid connection are causing Australian utility scale PV project developers delays, potentially undermining viability. The impact can be particularly harmful for merchant projects, with LGC and wholesale electricity prices forecast to fall over the next two years.
Interview: “It’s all about controlling the hydrogen”
When pioneering and award-winning solar researcher Stuart Wenham passed away suddenly shortly before Christmas last year, some in the PV industry may have wondered what would become of his research into the role of hydrogen in crystalline silicon cells. His daughter, Alison Ciesla is answering that question alongside Wenham’s former team at UNSW, advancing its work into the crucial role of hydrogen in the degradation of silicon cells.
