Carbon Tax and Government Support – the Other Side of the Coin

September 25, 2011 2017-10-25T10:36:10 by Leave a Comment

Last week we examined the point of view of academic Mark Diesendorf who stated that the much villified carbon tax will probably be insufficient to encourage renewable energy investment in Australia. This week we look at the opposing view and find that overseas renewable energy companies are indeed putting their hands in their pockets to fund renewable energy schemes in Australia, particularly those looking at exploiting our abundant sun.

These companies are looking at taking advantage of the positive renewable funding climate in our country, support which is expected to be funded through revenue supplied by the contentious carbon tax. [Read more…]

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Will the Carbon Tax Boost Large-Scale Solar Projects?

September 15, 2011 2018-05-09T11:24:58 by 1 Comment

The debate over whether or not a carbon tax will be effective has split families, pitched neighbour against neighbour, divided loyalties and torn our nation asunder.

Well not exactly, but a real blockbusting start to this week’s column you have to admit!

On a serious note, the question many SolarQuotes readers would like answered about the carbon tax goes something like the following. Will the carbon tax (assuming the legislation is passed) bring any benefit to the solar power industry in Australia? [Read more…]

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Clean Energy Council Puts Roadmap in Government’s Solar Glovebox

September 12, 2011 2017-10-25T10:37:45 by Leave a Comment

By Rich Bowden

Mirror, mirror on the wall who’s got the most sunshine of them all?

It’s a no-brainer right?

Australia is one of the most blessed countries in the world with regard to availability of solar power and solar intensity. We, along with the United States, are considered to have the greatest potential for the exploitation of solar energy in the world. So why has domestic policy not taken advantage of this? Why are governments, both state and federal, backpedalling from supporting solar energy initiatives?

This was the conundrum most recently outlined by the Clean Energy Council in their report released last week in their (unimaginatively named) Large scale< Solar Energy Roadmap).

“Australia has the highest average solar radiation per square meter of any continent in the world, yet to date we have not capitalised on the potential benefits of large-scale solar,” said the report. “The uptake and deployment of solar energy technologies globally remains dependant largely on domestic policy settings.” [Read more…]

Filed Under: Big Solar, Solar Policy

Is WA’s Support of Solar Utilities at the Expense of Domestic Projects?

September 1, 2011 2017-10-25T10:38:00 by 1 Comment

When we think of Western Australia we generally consider mining booms, expanded gas projects, black swans and the West Coast Eagles football team (and Dennis Lillee and Rod Marsh for those of us with age on our side).

But as an Australian leader in solar technology? After a recent government decision to close down its solar feed in tariff scheme because of its (wait for it) popularity, the expected answer would generally be no. However recent developments in the West have shown government-owned corporations partnering up with the private sector to lead the state down the path of potentially being one of the country’s leading exponents of renewable energy.

[Read more…]

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Japan Looks to Renewables in Wake of Nuclear Disaster

August 29, 2011 2017-10-25T10:38:19 by Leave a Comment

By Rich Bowden

All eyes are on the Land of the Rising Sun as the country, still reeling from the effects of the March 11 Fukushima nuclear disaster, looks to build a renewable energy future to reshape its energy needs.

Prime Minister Naoto Kan (soon to be former Prime Minister Naoto Kan) has, in the time-honoured Japanese way, offered his resignation in the wake of criticism of his handling of the Fukushima nuclear meltdown, but not before he shepherds through vital legislation through the Diet (Parliament).

[Read more…]

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China Plan To Whip Australia’s Ass in Domestic Solar Investment

August 11, 2011 2017-10-25T10:38:55 by 2 Comments

Whilst many Australian state governments dither over the solar feed-in-tariff (FIT) issue, China has come charging out of the changing sheds recently with a brand new, highly-polished, national feed-in-tariff system.

They are kicking the world’s ass when it comes to high value manufacturing (where was your iPad made?) and now it looks like they are serious about installing solar power domestically. [Read more…]

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What Odds a Clean Energy Future for Australia?

July 21, 2011 2017-10-25T10:39:28 by Leave a Comment

By Rich Bowden

Two points of interest for SolarQuotes readers raised by the federal government this week over the future of energy in this country, one by the embattled PM and the other by her Climate Change Minister (and some would say a possible successor) Greg Combet.

It was the PM who got the solar ball rolling this week when she visited a blustery Gunning, ACT wind farm (minus the ubiquitous hard hat for once) to open the venture, an enterprise financially backed by Spanish sustainable energy company ACCIONA. [Read more…]

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Big Solar in Box Seat After Carbon Tax Announcement

July 18, 2011 2017-10-25T10:39:40 by 1 Comment

This week’s big ticket news item for the solar industry and its consumers was the fillip given to the sector by the federal government’s long-awaited carbon tax announcement.

While there is some debate over whether or not the carbon price announced last weekend will go far enough to achieve its primary purpose (i.e. significantly decrease the level of carbon emissions in Australia) there appears to be little doubt that the renewable energy incentives attached to the legislation will go a long way towards rejuvenating the renewables sector, particularly solar energy.

“Solar on steroids” was how John Grimes, chief executive of the AustralianSolarEnergySociety (AuSES) described the Clean Energy Future announcement, adding that the solar industry was the real winner to emerge from the package. He focused on the earmarking of $10 billion, half of which will be made available for the renewable sector from a new investment bank, hailing it as a major step forward. [Read more…]

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Uncertainty for SA Solar Industry as Parliament Rejects Feed-in Tariff Increase

July 1, 2011 2017-10-25T10:40:12 by Leave a Comment

By Rich Bowden

South Australian investors in rooftop solar energy have been left shaking their heads after events in the state capital this week saw the solar feed-in tariff retained at 44c instead of the promised increase to 54c.

[Read more…]

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Solar Subsidies : Let’s get the facts straight

June 30, 2011 2017-08-09T14:12:20 by Leave a Comment

Despite running a popular Solar Power website, whose revenue is seriously helped by generous Federal and State solar subsidies, it may surprise you to learn that I’m not a huge fan of government subsidy in any shape or form. Mainly because I have worked for the government and seen how inefficient they really are. Trust me it is frightening.

I would be happy for the Feds to completely scrap their solar subsidy, called Solar Credits, and let the economics of small scale solar stand on its own merit through innovative finance schemes designed by innovative Solar Installers. [Read more…]

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