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?
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.
The energy giant's new chief is obviously trying to reposition the company's image with its climate policy announced today. While a welcome development, for the most part it’s a bit symbolic or represents business-as-usual behaviour.
Energy efficiency improvements in homes and commercial buildings, in combination with advancements in vehicle fuel economy mean energy demand is increasingly becoming detached from economic and population growth as shown by new US energy agency data.
New research published in Nature Climate Change Letters last month pulled more data on battery costs, coming up with an even more optimistic outcome. It's no wonder commercial battery battles are heating up.
Gas retailers' customer base is already doomed as electric appliances become cheaper than gas, not to mention safer. But the trend will worsen sharply when an agile retailer can offer households an all-electric conversion, with solar.
Rather than just focusing on the cost of energy - via competition, privatisation and pricing reforms - the Coalition's energy productivity plan, which aims for a 40% lift by 2030, needs to also cut energy use.
Australia is one of the remaining three largest markets and the only OECD country without an official fuel efficiency target, encouraging global car manufacturers to dump and sell their higher-emitting vehicles here.
A US think tank believes the economics of solar PV plus batteries will mean it will become the dominant source of power for households across regions including Los Angeles, New York State and Hawaii by 2030. The scary thing is the economics are more compelling for Australia yet the Energy White Paper recommendations hark back to 2002.
The Australian CleanTech Index fell slightly with the benchmarks last month but, like the ASX200, enjoyed a strong overall quarter with the index driven by strong gains in Hot Rock, Energy Developments and Enerji, among others.