AEMC chair Anna Collyer admits embrace of consumer energy resources has been too slow

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 90%

United Kingdom United Kingdom Headlines News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Energy produced by solar panels on 3.5 million Australian households is equivalent to four Snowy Hydros, but not enough is being done to capitalise on it.

The head of the energy market rule maker acknowledged that integrating rapidly growing consumer energy resources such as rooftop solar and household batteries into the power grid is a huge opportunity that has not been grasped quickly enough.

“I’ve been really encouraged this week in fact that there have been calls for the AEMC and other market bodies to go faster in this part of the energy transition,” she toldOne bullish estimate suggests better capitalising on consumer energy resources could save Australians as much as $6.3 billion, and not just the owners of the assets. But Ms Collyer warned that some delay in pursuing the opportunity was warranted to ensure the benefits were shared.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Energy & Climate Summit: Look outside the ordinary to get energy transition back on trackWe need to pull game-changing financial and legislative levers, including lifting the nuclear ban, compulsory land acquisition and taxpayer subsidies.
Source: FinancialReview - 🏆 2. / 90 Read more »

Need for robust examination of nuclear energy optionsThe speed with which we instigate changes to systems of energy generation is one of urgency. A real debate must be had.
Source: smh - 🏆 6. / 80 Read more »

MST Financial picks up Credit Suisse energy guru“Kavonic is an authority in the energy sector, has unparalleled industry insight and track record of successful bold calls”.
Source: FinancialReview - 🏆 2. / 90 Read more »

Japan energy minister Yasutoshi Nishimura urges Australia to maintain ‘stable’ investment environmentJapan’s trade and energy minister will meet three senior Labor ministers on Sunday and will raise the effect of Australia’s emissions rules on future LNG projects.
Source: FinancialReview - 🏆 2. / 90 Read more »