Energy analysts Reputex says Australia will hit a 50 per cent renewables target by 2030 as coal-fired power becomes uncompetitive.
Reputex says the growing dominance of renewables will come despite the lack of a federal energy policy. Ernst and Young power and utilities leader Matt Rennie also sees a tipping point and consumers switch to cheaper renewable sources.
Disposing of failing solar panels and short-lived lithium batteries not a clean energy future. Meanwhile, we were misled on climate.
Excellent! The irrelevance of federal government is comforting. State govts and businesses are going to take Australia forwards to a cleaner future. Coalisdead
Do you only post audio now? You might as well post content that requires a VR headset
'could be' being the operative words! With a population growing by the day, it seems like a never-ending game of catchup. The only power source able to deliver reliable peak demand electrical power now and into the future is nuclear generated electricity.
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'Big stick' divestment laws a high priority for parliament: Angus Taylor | Sky News AustraliaEnergy companies will soon be forced to lower wholesale prices and guarantee supply under the Coalition government's re-energised 'big stick' divestment laws.\n\nThe Energy Minister had been forced to suspend the laws earlier this year, but Angus Taylor has confirmed to The Australian that the legislation will be a priority when parliament returns.\n\nSome energy bosses hoped the proposal had been ditched after it failed to pass in March, describing it as ‘draconian’.\n\nParliament is expected to return in the first week of July. \n\nImage: News Corp Australia Oh we still going on with the “big stick” ? Talk about talk. Never any action. Say do we still get our 50 cents per week discount on power next year ? Even though power prices have just risen again. Now watch the Left jump to the defence of the big energy companies. The luvvies won’t like this. The ‘red bandanna child’ & his ‘merry men’ on the ‘Wally project’ & THEIRABC must have a negative response
Source: SkyNewsAust - 🏆 7. / 78 Read more »
After election, energy war reignites between government and industryThe Morrison government has wasted little time putting the heat back on the energy sector after its election victory, committing to its hardline interventions. LatimerCole Yep they are shattered- prices going up, rate basis changed. Lol they are prepared. LatimerCole gscsydney Dom_Perrottet Power shortages in next hot summer are unavoidable. The more energy hungry high rises are built for new immigrants, the worse the situation will become. When will the media finally dig into the numbers? NSW coal plants maxed out LatimerCole Good. A red light for the gravy train. Gold plating and profiteering to finance their pivot to rent seeking renewables and all the subsidies they entail. One golden rule , if Macquarie Bank are knee deep in anything it is bad for the community and the public purse
Source: smh - 🏆 6. / 80 Read more »