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).
The government has now publicly confirmed a large-scale RET offer above the 30,000GWh range, with Greg Hunt saying he's optimistic of a deal with Labor soon that goes 'significantly further' than 20%. However, Ian Macfarlane is striking a very different tone.
As the LGC spot price grows and a compromise looms on the RET, might a few developers and financiers decide it's worth the risk to dive in and build some projects, even without a long term power purchase contract?
Rather than sending letters of demand to others that fan alarmist claims about solar safety, Greg Hunt would be better asking himself why his government doesn't bother to test the performance of solar panels receiving support under the Renewable Energy Target.
The week in clean energy saw the investment bank trump its peers with 10-year spending goal while interconnection capacity doubled between France and Spain, a major step in the EU's cross-border power goal.
Europe's world-leading carbon market - which faces a milestone vote tonight - is having a two-pronged effect on emissions reduction, with much of its revenue being reinvested in clean energy. It's a trend that's being repeated elsewhere.
The alliance against rooftop solar appears to have been thwarted thanks to a grass roots campaign. Power companies are now scrambling to embrace solar via bundling it with power and other smart appliances - an old idea dreamed up by environmentalists. But has its time finally come?