20 July 2016, Renew Economy, ACT opens solar scheme to low-income households. The ACT’s $2 million low-income solar scheme has opened for registrations of interest from eligible households, wishing to install rooftop PV but unable to afford the upfront investment. ACT environment minister Simon Corbell said on Wednesday that people living in low-income households in the Territory could now put their hands up to take part in the pilot program, which will run for the next four years. The program, which is expected to start installing systems in late 2016 or early 2017, will be run as a pilot, initially, to determine the best approach for future delivery, and will be developed in conjunction with key stakeholders including ACT Housing, community welfare organisations, and low-income loan groups. The opening of the renewables scheme – one of many being successfully rolled out in the ACT – comes at a time where rooftop solar and wind energy are being accused of driving up power prices in some parts of Australia. But as we have noted on various separate occasions, the accusations, coming mainly from conservative politicians and media outlets, are ill-informed and misdirected, and ignore the many benefits solar and wind have brought to the national electricity market. ACT’s Corbell, who is the mastermind behind the territory’s ambitious 100 per cent renewable energy target, has demonstrated these benefits very well, and is poised to deliver massive savings to consumers in the nation’s capital, as this article explains. Read More here
Category Archives: Fossil Fuel Reduction
13 July 2016, Renew Economy, Coalition’s myth about renewables and high electricity prices. Fear of rising electricity prices has been one of the mainstays of the Coalition’s re-election campaign: any efforts to increase the share of renewable energy – as proposed by Labor or even more dramatically by The Greens – or impose some sort of carbon price would end up as a Great Big Electricity Tax. Environment minister Greg Hunt is still at it: “And let me say that equally, we are the only ones that can protect against the electricity price rises that the ALP wants,” he told Melbourne radio 3AW in an interview on Tuesday. So, it should probably be seen as something of an irony that in the week after the July 3 poll, wholesale electricity prices shot to their highest levels on record – in most states averaging nearly double the average price when the carbon tax was in place. The reason, most analysts agree, lies mostly with the soaring price of gas, which has also hit record levels due to the impact of the massive LNG export facilities, and supply blockages in Queensland. But the Coalition is not blameless. Apart from being a hugely enthusiastic supporter of the gas export industry, it brought large-scale renewable energy investment to a halt for three years. As we shall see below, if the estimated 4,500MW of large-scale wind and solar that could have been built in that period had been built, then Australia would likely be enjoying much cheaper wholesale electricity prices today. And while the Coalition has railed against the expense of new renewables, the Labor minority government that runs the Australian Capital Territory has quietly been going about its target of sourcing 100 per cent of its electricity needs from renewable energy by 2020. Read More here
12 July 2016, Renew Economy, ACT could make windfall gains from bold 100% renewables target Who is the smartest energy minister in the country? At the moment, you would have to say it was the ACT’s Simon Corbell, the mastermind behind the territory’s bold 100 per cent renewable energy target, and who is poised to deliver massive savings to consumers in the nation’s capital. Indeed, if current wholesale electricity prices continue as they are across Australia, the ACT will not just have zero emissions electricity by 2020, it may also be getting most of it for free. This extraordinary situation arises out of the nature of the contracts that the ACT government has written with the project developers who have won its unique reverse auction tenders. The ACT has locked in fixed prices at between $77/MWh and $92/MWh for a total of 400MW of wind energy capacity so far. If the wholesale price is below those contracts, the ACT government pays the difference. If it is above, the ACT electricity utility ActewAGL receives the excess. In the past two months, wholesale prices across Australia have gone through the roof, mostly because of soaring gas prices (at record levels in most states), and supply constraints. Some of these rises have already been passed on to consumers. The first of the ACT commissioned wind farms, the 19MW Coonooer Bridge project in Victoria, opened earlier this year and gets a guaranteed $81.50/MWh from the ACT. But prices in Victoria have regularly jumped above $100/MWh in the past two months. Read More here
11 July 2016, The Guardian, Leaked TTIP energy proposal could ‘sabotage’ EU climate policy. EU proposal on a free trade deal with the US could curb energy saving measures and a planned switch to clean energy, say MEPs. The latest draft version of the TTIP agreement could sabotage European efforts to save energy and switch to clean power, according to MEPs. A 14th round of the troubled negotiations on a Transatlantic Trade and Investment Partnership (TTIP) free trade deal between the EU and US is due to begin on Monday in Brussels. A leak obtained by the Guardian shows that the EU will propose a rollback of mandatory energy savings measures, and major obstacles to any future pricing schemes designed to encourage the uptake of renewable energies. Environmental protections against fossil fuel extraction, logging and mining in the developing world would also come under pressure from articles in the proposed energy chapter. Join the Guardian Sustainable Business Aus network for news and features on the social and environmental impact of business, as well as other exclusive benefits.Paul de Clerck, a spokesman for Friends of the Earth Europe, said the leaked document: “is in complete contradiction with Europe’s commitments to tackle climate change. It will flood the EU market with inefficient appliances, and consumers and the climate will foot the bill. The proposal will also discourage measures to promote renewable electricity production from wind and solar.” The European commission says that the free trade deal is intended to: “promote renewable energy and energy efficiency – areas that are crucial in terms of sustainability”. The bloc has also promised that any agreement would support its climate targets. In the period to 2020, these are binding for clean power and partly binding for energy efficiency, in the home appliance and building standards sectors. But the draft chapter obliges the two trade blocs to: “foster industry self-regulation of energy efficiency requirements for goods where such self-regulation is likely to deliver the policy objectives faster or in a less costly manner than mandatory requirements”. Read More here