The renewables market share has gone down, but has been heavily distorted by a decline in hydro generation. Hydro storages are down after a period of intense running while the carbon price was still in place. Also, the market share … Continue reading Renewables market share lower than 2013
Corporate giants like Apple, have been heavily investing in renewable energy projects. This is now not only seen to be a financially sound move, but a major public relations activity. This article originally featured at The Energy Collective. It can … Continue reading Clean Energy is Just Smart Business for Leaders like Apple, Google
Under a new plan by the NSW Greens, consumers of electricity will get a chance to buy and sell clean energy in an attempt to hasten the transition to renewables. The launch of the plan came as the NSW Premier stated … Continue reading Households to trade renewable energy in NSW Greens plan
We are reaching an age that many skeptics dismissed as an energy fantasy. But the reality is in the data, mostly all renewable sources are getting cheaper, more competitive without subsides, and becoming the most viable option for our energy … Continue reading 6 charts that show renewable energy is getting cheaper
Three wind farm’s will supply the ACT with 200 megawatts of renewable energy generation capacity, with a reduction of 580,000 tonnes of emissions each year. This is a serious emissions reduction effort from the ACT Government with broader economic benefits. This was … Continue reading Wind auction result delivers renewable energy and economic benefits to the ACT
The Chevy Bolt a battery only electric vehicle has been designed in Australia, but for an American market. The little take up in the Australian market could be due to there being no price subsidy. This article was published at … Continue reading Bolt from the blue: Australia-designed EV rocks Detroit
As discussed in yesterday’s post about the merit order effect, renewables compete well on the spot market because they have low marginal cost, and (at least in the case of wind and solar photovoltaic) don’t have storage facility to hold off until the most opportune time to bid in. The result of this effect is to displace the most expensive bidders on the spot market: generally, the gas peaker plants. Mostly this is being done by wind farms, as in the South Australian example, although the effect of the growing number of rooftop solar panels could be having a similar … Continue reading Are renewables challenging the electricity market?