Australia's National Energy Guarantee (NEG), which has been waived through for a final decision in August, would significantly harm the country's large-scale renewables pipeline, with just 1.5GW expected to be completed by 2025 despite the current 16GW pipeline, according to the head of the country’s solar and storage council.
Reports have emerged suggesting that the Turnbull government of Australia is pondering an alteration of the newly proposed Clean Energy Target (CET) to support baseload coal over wind and solar, prompting concern from some industry bodies while others have brushed off the perceived threat.
In a major energy strategy upheaval, the South Australian government is providing significant funding to support energy storage projects, starting with a 100MW grid-connected battery that will be the largest in the country.
Conservative groups and power industry bodies have made fresh calls to hinder Australia’s Renewable Energy Target (RET) in the wake of the federal election.
Australia’s federal government plans a third AU$1 billion reallocation of money from the Clean Energy Finance Corporation (CEFC), prompting a backlash from solar campaigners.
The Australian Renewable Energy Agency (ARENA) is providing AU$17 million (US$13 million) funding for nine renewable energy research and development projects looking at energy storage and solar PV among other technologies.
A report from Australia’s Energy Networks Association (ENA) suggests that removing the Renewable Energy Target (RET) and replacing it with "technology neutral" alternatives would be a more economical approach to reaching emissions reductions targets.
