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).
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.
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.
Super fund investor Industry Funds Management has a big appetite for infrastructure assets, but the growing risk profile of renewable energy developer Pacific Hydro appears to have left a bitter taste it couldn’t palate.
The final module is in at AGL-First Solar's 102MW Nyngan plant in western NSW which, although not yet fully operational, already surpasses the 20MW Royalla solar farm as the nation's largest and will trump South Africa's Jasper as the hemisphere's biggest.
According to the government's logic, the RET should be cut to a 'real' 20% of power consumption. While such a moving target is unworkable for business, would this government really push for a bigger RET if power demand went up?