The Clean Energy Future Plan will see carbon priced at $23 per tonne from 1 July 2012, rising by 2.5 per cent each year during a three-year fixed price period until 1 July 2015, when the mechanism will transition to an emissions trading scheme with a price determined by the market.
Solar power is now cheaper than nuclear, researchers say
The power generation business has changed so much over the last decade that electricity generated from solar energy will be cheaper than electricity generated from the proposed new nuclear plants according to a leading UK power supplier and US researchers.
Australians have installed more than 100,000 rooftop solar panels this year, more than in the entire previous decade, new data shows. The clean energy sector says it shows Australians are keen to do their bit in the battle against climate change.
Solar energy speculators want to build a solar tower facility in Arizona that would be more than three times the height of the Eiffel Tower. Here’s the thing: the proposed project is a lot less speculative today than it was two weeks ago.
A disappointing result for NSW and solar renewable energy but was the writing on the wall? The NSW gross feed tariff in was higher than Western Australia’s net feed tariff which does beg questions as to how long it could last. The sad answer is not very long and all. Whats worse is how the pendulum has shifted from what extreme to the other which could cause what the media have named a boom bust cycle within the renewable energy sector. In the short them there is likely to be some bitterness towards those that managed to lock into the scheme from people who just missed out. The potential result is to place blame on solar and maybe even some bitterness towards renewable energy in general. What is really suggests is there needs to be communication between state government and a long overdue plan for renewable energy into the future for Australia.