Alan Kohler is one of Australia’s most experienced business commentators. Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report. Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website. Alan is the regular finance presenter on the ABC News and producer of the popular nightly graph (or two).
Norway is more than 100% renewable and still adding wind, while the Tesla is its best-selling car. Why is it they wisely use their fossil fuels revenues to decouple from fossil fuels yet we feel the need to remain as dependant as possible?
Utilising large-scale storage, China could produce 85% of its electricity from renewables by 2050 with fossil fuels peaking in 2025, a Beijing-backed study has found, with the authors saying power sector deregulation would be integral.
The week in clean energy saw China reach 33GW of solar and start work on a 2GW plants, Japan's pipeline ballooned to a potential 72GW and SunEdison among the winners in South Africa's 1.1GW fourth auction.
A Senate inquiry into power networks says batteries, solar and energy efficiency are on the verge of driving a death spiral of increasing power prices. But in screaming over whether networks should be punished for past gold plating, they’ve lost sight of the future.
If the price of oil dropped to $20 tomorrow, electric cars would still be quietly revving their engines. There are too many positive feedback loops in the whole batteries-EVs-solar equation to quell the momentum now.