The hurdle preventing Australia from ‘worldwide feat’ on renewable energy

The Australian Energy Market Operator is predicting that by 2025 there will be enough periods where there is enough renewable energy available to meet 100 per cent of demand.

But with the system already under pressure, AEMO has grown increasingly vocal about the need to “urgently” build new transmission infrastructure, and invest in new technology, to handle the extraordinary rapid increase in intermittent energy. Business Council chief executive Jennifer Westacott said the decision to exclude gas and coal from the mechanism “will limit its ability to drive stability, certainty and reliability”.the government will spend up to $1.5 billion to provide “nationally targeted” power bill relief to households and small businesses.

Renewable energy expert Tristan Edis, director of analysis at Green Energy Markets, said by 2025 Australia would realistically have enough renewables capacity installed to get close to periods of 100 per cent renewables for short bursts of time. For months the Andrews government has been spruiking its plans to reboot Victoria’s State Electricity Commission, which was carved up and sold off in the 1990s, as a renewable energy company.

joshgordo Looks like Australia might be taking a controlling stake in these poorly run mismanaged energy companies when they stick their hand out to taxpayers to upgrade 'their' company assets. Bye bye privatisation, you've been a complete failure by every measure👋

AndrewW66619812 joshgordo Is it privatised per chance? If it is the same problem in the UK the energy companies sell energy but expect the people to pay for the means to generate the energy

joshgordo Bursts 😂😂😂😂

joshgordo A burst is like 10 seconds

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Australia is ‘in a position’ to be a ‘renewable energy superpower’Assistant Trade and Manufacturing Minister Tim Ayres says Australia has “very significant energy reserves”. “We are the sunniest nation on earth with vast solar reserves and vast wind reserves as well,” he told Sky News Australia. “We are in a position – if we get the energy reforms right – to be a renewable energy superpower. “It means lower prices for households and business in Australia – making energy a competitive advantage – but also that we should be in a position to be exporting energy right around the world. “That’s the future for Australia.” But yet we are hell bent on staying in the dark ages and too scared to leave the cave . It's a big world outside of the cave, fear can cripple the same way hope is paralysing. Sticks and stones while the world has drones. My energy bill going up $20 since Labor were elected doesn't feel too super. 'So-and-so says...blah blah blah.'. Is this the standard template for a tweet?
Source: SkyNewsAust - 🏆 7. / 78 Read more »