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).
NSW consumers already pay twice as much as Victorians in network charges. The energy regulator in its latest determination failed to address this discrepancy, yet the NSW Government via Networks NSW has sent in the lawyers to get even more money from consumers.
2 companies responsible for 31% of global emissions
The Abbott Government has achieved a significant cut to the Renewable Energy Target yet a clause in the federal legislation prevents state schemes similar to the federal RET. One workaround options stands out for climate-concerned state energy ministers.
Areva's experience with its European Pressurised Reactors shows developing modified versions of even conventional reactors, let alone radically new types, can be complicated and protracted and end in failure.
Making native forest wood waste eligible under the RET is unlikely to make a material difference to solar and wind projects by itself. But anti-RET senators Leyonhjelm and Day could use it for ends that extend beyond just wood waste.
Bank survey finds 50% of Australian households interested in purchasing sub-$10,000 battery system. Foresees market of 2.4m households with solar and batteries that will hit Origin and AGL earnings by $100m each.
‘A ridiculous waste of taxpayers money’ is probably a good description of the iron ore inquiry being pushed by Twiggy Forrest, but it’s an even better description of the countless inquiries the wind industry has been subjected to. Comic relief is the only cure for the Aussie epidemic of 'wind farm inquiry' sickness.
The big power retailers have fought tooth and nail to have the Renewable Energy Target wound back. But with money now clearly on the table and changing circumstances devaluing other options, who knows – they might even live up to the rhetoric in their advertisements and save the RET from a still sword-brandishing minister.
Home energy storage is a bit like teenagers and sex – everyone’s talking about it, not many are doing it. Tesla’s Powerwall isn’t even available for sale, but by the sheer power of Elon Musk’s mystique he is already forcing everyone else to convert his dream into reality.
Suburban detached housing is rightfully extinct in many European cities. If Australia wants to keep its sprawled-out lifestyle we need to cut its costs, and that means a proper solar-power, electric-car, building-standards makeover.