7 October 2015, Renew Economy, Hunt says “inevitable” large numbers will quit grid with battery storage. Australian environment minister Greg Hunt says it is inevitable that significant numbers of consumers will leave the grid in coming years, and repeated his vow to help accelerate the deployment of battery storage. Hunt was asked on ABC TV’s Lateline program on Tuesday – following a segment on a couple in the Blue Mountains going off-grid – if he thought that significant numbers of consumers would follow. “I do. I think it is inevitable,” Hunt said, before noting that Australia already had the highest penetration of rooftop solar in the world – an average 15 per cent across the nation. “Increasingly we will see the adoption of battery storage, which is the key thing to enable people to go off the grid. This is clearly the future,” Hunt said. “The debate is how long it takes and the task for government is to help bring that forward.” Indeed, two big international battery storage developers have chosen Australia to be their global launch pad for their battery storage initiatives. This includes Tesla and California counterpart Enphase Energy, which describes the Australian market as the most promising in the world. Not everyone, however, agrees that consumers should be encouraged to go off-grid, and Hunt’s comments could be seen as controversial if that is what he is urging. Read More here
28 September 2015, The Guardian, Shell abandons Alaska Arctic drilling. Oil giant’s US president says hugely controversial drilling operations off Alaska will stop for ‘foreseeable future’ as drilling finds little oil and gas. Shell has abandoned its controversial drilling operations in the Alaskan Arctic in the face of mounting opposition. Its decision, which has been welcomed by environmental campaigners, follows disappointing results from an exploratory well drilled 80 miles off Alaska’s north-west coast. Shell said it had found oil and gas but not in sufficient quantities. The move is a major climbdown for the Anglo-Dutch group which had talked up the prospects of oil and gas in the region. Shell has spent about $7bn (£4.6bn) onArctic offshore development in the hope there would be deposits worth pursuing, but now says operations are being ended for the “foreseeable future.” Shell is expected to take a hit of around $4.1bn as a result of the decision. The company has come under increasing pressure from shareholders worried about the plunging share price and the costs of what has so far been a futile search in the Chukchi Sea. Shell has also privately made clear it is taken aback by the public protests against the drilling which are threatening to seriously damage its reputation. Ben van Beurden, the chief executive, is also said to be worried that the Arctic is undermining his attempts to influence the debate around climate change. His attempts to argue that a Shell strategy of building up gas as a “transitional” fuel to pave the way to a lower carbon future has met with scepticism, partly because of the Arctic operations. Read More here