{"id":27629,"date":"2019-02-04T06:51:59","date_gmt":"2019-02-03T20:21:59","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=27629"},"modified":"2019-02-04T16:42:41","modified_gmt":"2019-02-04T06:12:41","slug":"coal-new-generation-mb0924","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/coal-new-generation-mb0924\/","title":{"rendered":"Coal Vying For Underwriting New Generation Investments Cash"},"content":{"rendered":"
\"Coal

Image: Diana Parkhouse<\/a><\/p><\/div>\n

66 submissions were received for the Morrison Government’s Underwriting New Generation Investments program – and coal power reportedly features heavily.<\/p>\n

The Underwriting New Generation Investments program is part of the Morrison Government’s plan to deliver “affordable, reliable 24\/7 power” (no mention of the word “clean”), with the Government to provide financial support to develop firm generation capacity.<\/p>\n

A discussion paper from October noted the program would consider new projects as well as upgrades or life extensions of existing generators; i.e. propping up coal-fired clunkers.<\/p>\n

While the program’s web site<\/a> is yet to publish further details of the submissions, The Australian states<\/a> of the 66, ten involve power station projects running entirely or mostly on coal.<\/p>\n

In an announcement published Friday concerning the program, Federal Energy Minister Angus Taylor said<\/a>:<\/p>\n

“The conditions experienced in New South Wales, South Australia and particularly Victoria where 200,000 customers experienced blackouts, reinforce the need for more investment in reliable 24\/7 generation.”<\/p><\/blockquote>\n

When his department is reviewing submissions, it may want to bear in mind that 40% of Victoria’s coal fired electricity generation capacity was out of action during the heatwave<\/a>, while solar power soldiered on.<\/p>\n

Even new so-called High-Efficiency, Low-Emissions (HELE) coal power<\/a> doesn’t appear to be very reliable. The Australia Institute recently revealed gas and coal power plants broke down 135 times in 2018 – and HELE plants experienced more breakdowns per gigawatt<\/a> than their ageing black coal counterparts.<\/p>\n

“Bastardising” ACCC Recommendations<\/h2>\n

Labor is scathing<\/a> of the Underwriting New Generation Investments program.<\/p>\n

“Scott Morrison and the Liberals are willing to bastardise the ACCC recommendations and create backdoor loopholes to ensure they can spend billions of taxpayers\u2019 dollars on expensive new coal”.<\/p><\/blockquote>\n

The ACCC had previously recommended the government support new players<\/a> in generation capacity to help commercial and industrial customers and drive competition. (The ACCC also recommended axing solar subsidies<\/a>, but that’s another story<\/a>).<\/p>\n

The OECD isn’t impressed with the Australian Government’s approach to energy and emissions. It recently stated the country won\u2019t reach its 2030 emissions target<\/a> without a major effort to move to a low-carbon model.<\/p>\n

Minister Taylor says the Government will announce its pipeline of projects after “carefully considering” all submissions received during the expressions of interest process.<\/p>\n

According to various reports, 26 of the submissions related to projects in New South Wales, 17 in Victoria, 15 in South Australia and 12 in Queensland; representing 29,000MW of new generation capacity combined. It’s not clear as yet how many are based on renewables + energy storage; but apparently gas power was the dominant technology among the submissions.<\/p>\n

It’s expected<\/a> a formal request for proposal (RFP) process for shortlisted projects will commence before the end of March this year.<\/p>\n

UPDATE 4.40PM:<\/strong> The Clean Energy Council has released a statement regarding the program, saying it “is appearing to favour high cost and high emissions winners and now risks undermining the current wave of new clean energy generation.” More here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

66 submissions were received for the Morrison Government’s Underwriting New Generation Investments program – and coal power reportedly features heavily.<\/p>\n","protected":false},"author":17,"featured_media":27630,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-27629","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nCoal Vying For Underwriting New Generation Investments Cash<\/title>\n<meta name=\"description\" content=\"66 submissions were received for the Morrison Government's Underwriting New Generation Investments program - 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There's good news - thanks to renewables. Authored by Dr. Hugh Saddler, the NEEA Electricity Updates provide data on electricity demand, supply and generation emissions in Australia's National Electricity Market (NEM),\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"National Energy Emissions Audit","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/energy-emissions-audit.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/energy-emissions-audit.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/energy-emissions-audit.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/energy-emissions-audit.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":35914,"url":"https:\/\/www.solarquotes.com.au\/blog\/gas-power-taylor-mb1344\/","url_meta":{"origin":27629,"position":3},"title":"Morrison Government Gas Power Support “Worst Christmas Present Ever”","author":"Michael Bloch","date":"December 26, 2019","format":false,"excerpt":"The Climate Council has lashed out at the Federal Government after it announced intentions to underwrite two new gas-fired power stations. On Monday, Minister for Energy and Emissions Reduction Angus Taylor announced the agreement of key initial support terms for the two power plants - APA Group\u2019s proposed 220MW generator\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Angus Taylor - gas fired power stations","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/12\/taylor-gas-power.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/12\/taylor-gas-power.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/12\/taylor-gas-power.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/12\/taylor-gas-power.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/12\/taylor-gas-power.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":25553,"url":"https:\/\/www.solarquotes.com.au\/blog\/vales-point-solar-mb0811\/","url_meta":{"origin":27629,"position":4},"title":"Go-Ahead Given For Vales Point Solar Farm","author":"Michael Bloch","date":"November 5, 2018","format":false,"excerpt":"The New South Wales Department of Planning & Environment has approved an application for a large-scale solar farm at the site of the coal-fired clunker, Vales Point Power Station. Vales Point Power station is a 1320 MW coal fired generator operated by Sunset Power International trading as Delta Electricity. It\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Vales Point solar project","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/vales-point-solar-farm.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/vales-point-solar-farm.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/vales-point-solar-farm.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/vales-point-solar-farm.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":27751,"url":"https:\/\/www.solarquotes.com.au\/blog\/emerging-energy-nsw-mb0928\/","url_meta":{"origin":27629,"position":5},"title":"Registrations Open For NSW Emerging Energy Program","author":"Michael Bloch","date":"February 6, 2019","format":false,"excerpt":"Registrations can now be lodged for the New South Wales Government's $55 million Emerging Energy Program, which will support large-scale projects providing dispatchable\/on-demand electricity in the state. Originally announced in November last year, the program has an important distinction from the Morrison Government's Underwriting New Generation Investments scheme - projects\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"NSW Emerging Energy Program","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/nsw-emerging-energy.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/nsw-emerging-energy.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/nsw-emerging-energy.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/nsw-emerging-energy.png?resize=700%2C400&ssl=1 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/27629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=27629"}],"version-history":[{"count":3,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/27629\/revisions"}],"predecessor-version":[{"id":27666,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/27629\/revisions\/27666"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/27630"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=27629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=27629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=27629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}