Australia must improve investment signals for renewables

Australia needs to improve the investment signals for renewable energy generation to ensure new projects do not displace existing zero emission types, which would slow the country’s transition and do little to prevent a similar crisis to that which has engulfed the industry in recent weeks, the Clean Energy Council warned.

. The most feasible solution involves the development of a capacity mechanism that would ensure sufficient generation capacity.In a submission to the Energy Security Board, however, the CER said it was critical to ensure new renewable generation capacity was providing additional, lower-cost energy for consumers rather than simply displacing existing renewable generation due to congestion in the grid.

Congestion occurs when transmission lines are unable to transfer power to meet consumer demand, such as when there is more energy being generated in a location than the grid can transfer.

Why have 2 or 3 gas/oil platforms out on the Horizon when you can have 50 wind turbines

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'Flawed' market dominated by 'gentailers' led to Enova's collapse, green energy provider saysHow can skyrocketing prices drive a 'green energy' retailer out of a market grappling with a mix of renewable power sources? 'Flawed' is ABC's way of saying Renewables aren't the magic bullet, show some courage and say it ABC 👍 It's getting a bit like socialism. Greta renewables aren't failing, it wasn't real renewables. This same company would thrive in approx 30 years. Aussies want reliable, renewable is not there yet. Boo friggin hoo. The realities of insecure, one way renewables.
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