If Australia is to meet its net zero targets it must move fast and build massive industrial infrastructure. But those projects are provoking fierce hostility. Is there a way through the green dilemma?
Minister for Climate Change and Energy, Chris Bowen.
Australia’s move towards net zero emissoions by 2020 is in danger of stalling. If it is not to fail, the nation urgently needs a government plan, aligned with industry and with public support.
A heater with a 300-litre tank can store as much energy as a home battery at a fraction of the cost. Being able to store surplus solar energy at the right times helps grid stability and cuts emissions.
The need to limit output to the grid costs solar panel owners up to $4.5 million a year in South Australia alone. A bill of rights and responsibilities can make connecting to the grid fairer for all.
Per Bengtsson from shutterstock.com
How has the national electricity market responded to one of the biggest reforms in years, the introduction of five-minute settlement? Analysis reveals more than a few surprises.
Dean Sewell/AAP Image
Are blackouts really looming by the middle of this decade? An AEMO report warns they might be – but there are plenty of projects on the drawing board that will help ease the squeeze on the grid.
Even with enough supply, local gas prices have been skyrocketing. The ACCC has squibbed on possible reforms such as a windfall profits tax.
The Australian Domestic Gas Security Mechanism may have serious unintended consequences if used, potentially breaching trade and investment treaties.
The energy crisis is hitting the east coast hard. But Western Australia is sailing through – because of government intervention in the market.
(AAP Image/Jono Searle
We arrived at this moment thanks to a series of policy decisions under previous governments – state and federal - that left Australia’s energy system unable to cope with the demands placed on it.
Australia’s energy market operator has suspended the National Electricity Market, due to a perfect storm of coal plants going offline and a spike in fossil fuel prices.
Australia already imposes a super-profits tax of 40% on gas producers, but very little is paid. Yet we know how to simplify the system, so we’re not gifting billions to multinational companies.
State and federal energy ministers have agreed to give the regulator more powers but say it won’t solve all the problems.
What’s pushing up coal and gas prices is pushing up electricity prices, but some states have better shields than others.
AAP Image/Dan Himbrechts
The plan would address failures in the National Electricity Market, and would see a more orderly transformation process from coal to clean energy.
Eraring is the latest in a string of announcements for early coal plant closures. The fundamental reason is the brutal impact of renewables on coal’s profitability.
Australia has one of the highest rooftop solar installation rates in the world, which is great news for our efforts to reduce emissions. But can the grid keep up?
A new report predicts an incredibly rapid closure of coal-fired power stations. Continuing to deny this is simply not in the interest of coal workers and their communities.
The good projects have already been identified and interest rates are low. We could speed up the electricity transition by decades.
Australia’s energy market has a logjam,
The likelihood of half of Victoria being plunged into blackout are low – but the question reveals growing tension between the energy market and its regulators.