Large power companies and energy experts insist new rules to drive funds into gas-fired power stations will be vital to backing up renewables and smoothing the energy transition, but some state and federal ministers are at loggerheads over the future of the fossil fuel., Australia’s energy ministers agreed to push ahead with sweeping reforms to bolster the electricity grid and ensure an orderly shift away from fossil fuels.
NSW Treasurer and Energy Minister Matt Kean said his preferred model for the capacity mechanism is the NSW Electricity Infrastructure Roadmap. It bars coal, but could include gas.The ACT has previously rejected the need for fossil fuels to back up renewables. “So, yes, we do need coal and gas to be included in a capacity market,” Alinta chief executive Jeff Dimery said. “If you were to exclude the roughly 60 per cent of supply provided by the Latrobe Valley in Victoria, there wouldn’t be much capacity left to call on.”
“I don’t know how you back up renewables with other renewables,” Wood said, noting that batteries recharged by wind and solar still needed to be supplemented with other power generation. Kerry Schott, former chair of the ESB and architect of the capacity mechanism design proposals brought to the energy ministers, said every country developing a renewable electricity grid has a capacity market and “it’s one of my great regrets that it has taken so long” to be brought into Australia.
Net zero will not happen , it’s madness to even try .
Meanwhile, in the real world.
Bunch of WEF compliant W⚓⚓
Net zero power by 2050. Something we can all look forward to as we huddle in our caves.
Read Mark Mills.
If anyone is going to 'stuff it up', it will be Climate Change denier, Bowen !!
No one will tell me why the backup plant isn't included in the price on renewables.
China love Labor, now send all Aussie money to China for green tech made from new coal power plant, you make China rich, Aussie poor, China build bigger and better military to ensure not smart Aussie clown obey and be nice to China in future or get Aussie iron ore fall from sky
But 2050 is FAR TOO LATE!
In the Dark on the Power Struggle
We are doomed
Dumb.
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