{"id":4208,"date":"2014-11-04T09:29:03","date_gmt":"2014-11-03T22:59:03","guid":{"rendered":"http:\/\/www.solarquotes.com.au\/blog\/?p=4208"},"modified":"2017-10-25T09:46:50","modified_gmt":"2017-10-24T23:16:50","slug":"coal-expensive-solar","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/coal-expensive-solar\/","title":{"rendered":"Is coal now more expensive than solar?"},"content":{"rendered":"
\"pile<\/a>

The declining cost of solar is making Aussie coal exports look increasingly expensive.<\/p><\/div>\n

Not-so-strange bedfellows Greg \u201cSmiley\u201d Hunt and Big Clive emerged hand in hand after negotiating the \u201cDirty Deeds Done Dirt Cheap\u201d (sorry \u201cDirect Action\u201d) legislation earlier this week. Meanwhile a less publicised news article <\/a>revealed the dirty truth behind the future, or otherwise, of fossil fuel exports to one of our major markets.<\/p>\n

That truth is that it is now more expensive for India to import Aussie coal than produce their own solar power.<\/p>\n

The warning bells must be clanging and the teeth gnashing at FossilFuel HQ as the data coming in from India\u2019s latest solar farm auctions show that it is cheaper for India to produce their own solar power that import Australian coal.<\/p>\n

The new Indian government has shown its energy colours and has supported massive renewable projects around the world\u2019s biggest democracy. The solar auctions that have taken place demonstrate how far solar has fallen down the cost curve \u2014 to the great concern of Australian coal exporters to India.<\/p>\n

\u201cWind, solar and hydro facilities can be built faster and \/ or at lower [Power Purchase Agreement] PPAs. Additionally, the use of renewable energy incorporates a zero fuel cost, such that there is an inbuilt deflationary driver \u2013 i.e. zero indexation,\u2019 said a research note from the\u00a0Institute of Energy Economics and Financial Analysis (IEEFA).<\/p>\n

\u201cGiven the recent drive by the Reserve Bank of India (RBI) to prioritise the sustained reduction in inflation, renewables support a series of GoI \/ RBI targets. Importing thermal coal achieves none of these goals, and more likely contradicts them.\u201d<\/p><\/blockquote>\n

Meanwhile here in Oz, the agenda couldn\u2019t be clearer. Save the anachronistic fossil fuel industry at the expense of viable and environmentally-friendly renewables such as solar power.<\/p>\n

Experts have been scathing of this week\u2019s Direct Action deal.<\/p>\n

\u201cDirect Action is a subsidy scheme that gives taxpayers\u2019 money to companies for claimed emissions reductions. It is vastly inferior to putting a price on emissions,\u201d said Frank Jotzo, Director, Centre for Climate Economics and Policy at the Australian National University.<\/p>\n

So no wonder Hunty is doing dirty deals to pour taxpayer billions into equally dirty industries, paying them to pollute during an [alleged] budget emergency. With a major export market like India rapidly shutting the door, they\u2019ll have to raise their domestic electricity prices further.<\/p>\n

With coal billionaire exporter (and part time populist pollie) Clive Palmer helping force through the legislation, the question is coal more expensive than solar for taxpayers must be a resounding \u201cYES\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"

Not-so-strange bedfellows Greg \u201cSmiley\u201d Hunt and Big Clive emerged hand in hand after negotiating the \u201cDirty Deeds Done Dirt Cheap\u201d (sorry \u201cDirect Action\u201d) legislation earlier this week. Meanwhile a less publicised news article revealed the dirty truth behind the future, or otherwise, of fossil fuel exports to one of our major markets. That truth is […]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"open","ping_status":"open","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":[56],"tags":[19,47],"class_list":["post-4208","post","type-post","status-publish","format-standard","hentry","category-economics","tag-cost","tag-electricity-prices","entry"],"acf":[],"yoast_head":"\nIs coal now more expensive than solar? - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"The declining cost of solar power is making Aussie coal exports look increasingly expensive; particularly in the case of India.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/coal-expensive-solar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is coal now more expensive than solar?\" \/>\n<meta property=\"og:description\" content=\"The declining cost of solar power is making Aussie coal exports look increasingly expensive; particularly in the case of India.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/coal-expensive-solar\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-11-03T22:59:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-10-24T23:16:50+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/11\/coal-price.jpg\" \/>\n<meta name=\"author\" content=\"Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/coal-expensive-solar\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/coal-expensive-solar\/\"},\"author\":{\"name\":\"Staff Writer\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/cdfada92425341cb1b48bf0bcfa1feb7\"},\"headline\":\"Is coal now more expensive than solar?\",\"datePublished\":\"2014-11-03T22:59:03+00:00\",\"dateModified\":\"2017-10-24T23:16:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/coal-expensive-solar\/\"},\"wordCount\":440,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/coal-expensive-solar\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/11\/coal-price.jpg\",\"keywords\":[\"cost\",\"Electricity Prices\"],\"articleSection\":[\"Economics Of Solar\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.solarquotes.com.au\/blog\/coal-expensive-solar\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/coal-expensive-solar\/\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/coal-expensive-solar\/\",\"name\":\"Is coal now more expensive than solar? 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And I say good riddance to you, Northern Power Station. I'm sorry you are no longer providing employment for people in Port Augusta or at the Leigh Creek\u2026","rel":"","context":"In "Economics Of Solar"","block_context":{"text":"Economics Of Solar","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/economics\/"},"img":{"alt_text":"coal miners hat","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2016\/05\/coal-miner-hat.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2016\/05\/coal-miner-hat.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2016\/05\/coal-miner-hat.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":1952,"url":"https:\/\/www.solarquotes.com.au\/blog\/walk-for-solar-latest-to-demonstrate-grass-roots-support-for-solar-power\/","url_meta":{"origin":4208,"position":4},"title":"\u2018Walk for solar\u2019 latest to demonstrate grass roots support for Port Augusta solar power","author":"Staff Writer","date":"September 17, 2012","format":false,"excerpt":"The Victorian solar industry and supporters are the latest to suffer what is becoming an event as predictable as Gerry Harvey whinging about online retailers at Christmas time. This was when Premier Ted \u201cThe Blade\u201d Baillieu\u2019s government announced a slashing of the state\u2019s feed-in tariff from 25 cents per kilowatt\u2026","rel":"","context":"In "Big Solar"","block_context":{"text":"Big Solar","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/utility-scale-solar\/"},"img":{"alt_text":"port augusta solar thermal plant","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2012\/09\/port_augusta.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2012\/09\/port_augusta.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2012\/09\/port_augusta.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":67256,"url":"https:\/\/www.solarquotes.com.au\/blog\/solar-energy-popularity-mb2702\/","url_meta":{"origin":4208,"position":5},"title":"Solar Power Again Most Favoured Energy Source In Australia","author":"Michael Bloch","date":"November 4, 2022","format":false,"excerpt":"The Climate of the Nation 2022 report reveals solar power is (again) the most preferred energy source among Australians. And coal power was (again) towards the bottom of the pack. Climate of the Nation is a survey gauging attitudes in the community on climate change and related issues. Commissioned by\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":"Solar energy popularity in Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/solar-energy-popularity.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/solar-energy-popularity.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/solar-energy-popularity.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/solar-energy-popularity.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/solar-energy-popularity.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/4208","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\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=4208"}],"version-history":[{"count":4,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/4208\/revisions"}],"predecessor-version":[{"id":4220,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/4208\/revisions\/4220"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=4208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=4208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=4208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}