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).
Things have been grim for NSW coal generators, so grim that the NSW government could only manage to get $1 million for a 1320 MW power station with a replacement cost of $2 billion. Yet there are signs it could be the steal of the century.
A Melbourne City Council official has informed Climate Spectator that while Melbourne City Council has teamed-up with several other councils to procure renewable energy the amount they will seek will not ever approach 1200 megawatts in spite of this being the goal of the council for its own municipality.
An article published yesterday about councils aiming to procure 1200 megawatts of renewable energy is incorrect. A Melbourne City Council official has clarified that this is just a goal of their council, but they don't intend to achieve it. So why have such a target in the first place?
Malcolm Turnbull has completely reversed the Coalition’s fortunes in the polls built on what people hope he will do. On climate change are these hopes justified given the Environment Minister has said he doesn’t need to do anything more to achieve his targets to 2020?
Going off-grid may cost a lot of money but the biggest issue is that your solar system will go to waste. In my case, 80 per cent of solar generation would be surplus to my needs and dumped. Far better to use it to displace fossil fuel generators supplying my neighbours.
One of Australia's leading authorities on solar and batteries has found that even by 2020 the economics of battery systems won't add up unless you live in Adelaide or Alice Springs. But they aren't eye-wateringly bad either and that may be good enough for many consumers.
Because it cares so much about the poor, a network monopoly, partly owned by the richest man in Asia, says it needs to hit customers with higher charges just for owning a solar system. But a small community organisation thinks it can convince a judge otherwise.
Following on from a look at what happens to your power consumption when you switch off the gas central heater, I’ll now look at what type of battery and solar system might get me through winter without the grid connection.
The SA Government has joined with several other state government authorities in launching a plan to procure a big chunk of low carbon power. Meanwhile the private sector power retailers are yet to commit to one single project since the RET was re-legislated.
If you believe some in the media we are apparently at imminent risk of suffering serious blackouts as a result of proliferating solar panels and wind farms. But is that what the energy market operator actually said?
The contradictions in the government’s approach to climate change are being flushed out via a diplomatic dispute with the US. But it’s not just Obama making things difficult, with the International Energy Agency changing its tune on coal demand.