The Australian Energy Council is the peak industry body for electricity and downstream natural gas businesses operating in the competitive wholesale and retail energy markets. AEC members generate and sell energy to 10 million homes and businesses and are major investors in renewable energy generation. The AEC supports reaching net-zero by 2050 as well as a 55 per cent emissions reduction target by 2035 and is committed to delivering the energy transition for the benefit of consumers.
The Consumer Energy Resources Roadmap has just been endorsed by Energy and Climate Change Ministers. It is considered by government to be the next big reform for the energy system and important to achieving the AEMO’s Integrated System Plan (ISP). Energy Minister, Chris Bowen, recognises the key will be “making sure that those consumers who have solar panels or a battery or an electric vehicle are able to get maximum benefit out of it for themselves and also for the grid”. There’s no doubt that will be important; equally there is no doubt that it is not simple to achieve, nor a certainty. With the grid intended to serve customers, not the other way around, customer interests will need to be front and centre as the roadmap is rolled out. We take a look.
Australia is no stranger to ambitious climate policies. In 2022, the Labor party campaigned on transitioning Australia’s grid to 82 per cent renewable energy by 2030, and earlier this year, Prime Minister Anthony Albanese unveiled the Future Made in Australia agenda, a project which aims to create new jobs and opportunities as we move towards a net zero future. While these policies have unveiled a raft of opportunities, they have also highlighted a major problem: a lack of skilled workers. Why is this a problem? We take a closer look.
While Australia is seeking to support a domestic solar industry through policy measures one constant question is how Australia can hope to compete with China? Australia currently manufactures around one per cent of the solar panels installed across the country. Recent reports and analysis highlight the scale of the challenge in trying to develop homegrown solar manufacturing, as does the example of the US, which has been looking to support its own capabilities while introducing measures to also restrict Chinese imports. We take a look.
Last week’s UK election saw the Labour Party return to government after 14 years in opposition. Their emphatic win – the largest majority in a quarter of a century - delivered a mandate to implement their party manifesto, including a promise to set up Great British Energy (GB Energy), a publicly-owned and independently-run energy company which aims to deliver cheaper energy bills and cleaner power. So what is GB Energy and how will it work? We take a closer look.
Australian Energy Council members have access to a range of industry benefits and services.
As Australia's energy and climate ministers prepare to meet this week, our organisations reinforce the importance of a certain, credible and consistent policy framework to business, industry and investors; the community sector; consumers; advocates for the environment; farmers; people and communities experiencing disadvantage; property and the built environment; and workers.
The role of consumers in the energy transition will continue to grow in significance. The Australian Energy Council’s members and other energy sector participants recognise the increasing role of CER in the energy transition as well as the value it can deliver to consumers.
By the end of the first quarter this year solar PV installations had put been fitted to more than 3.7 million Australian rooftops with a capacity of 22.58GW, according to the Clean Energy Regulator. In addition to the latest installation statistics, we take a look at other developments with rooftop solar, as well as the impact utility-scale solar is having on price setting in the National Electricity Market.
An energy transition is underway in Western Australia, led by State Government commitments and proposed policies that will shift the electricity sector towards more intermittent and low emission capacity. This Oakley Greenwood report provides a qualitative assessment of the challenges and bottlenecks of investing in new generation in the WEM, and the consequences if new generation cannot connect to the grid in a timely manner.
Our appetite for solar PV continues. At the end of last year Australia’s total installed solar rooftop capacity had reached more than 22GW. A total of 2785MW of new rooftop solar was installed by the end of 2023. In addition to the latest installation statistics, we take a look at other developments in the sector, including its levelised cost of energy and the average payback period for solar PV systems.
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But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account. #Exercitation #IIamc
But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer. #Exercitation #IIamc
But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account. #Exercitation #IIamc
But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer. #Exercitation #IIamc
But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account. #Exercitation #IIamc