A new Climate Council report has revealed the number of electricity price spikes in South Australia has tumbled with the increase of renewable electricity.
Investment in Australian renewable energy projects is set for a comeback, following the resolution on the renewable energy target (RET) impasse last year.
The Government and the Opposition are close to finally agreeing on the RET, following Prime Minister Tony Abbott’s intervention to dump two-yearly reviews.
The Opposition says it will not pass changes to the renewable energy target if they include the provision that the target will be reviewed every two years.
Businessman and former chairman of Manufacturing Australia, Dick Warburton, has expressed disappointment at the new Renewable Energy Target.
Business groups have called on the Government to compromise on the higher RET, in order to provide certainty the renewable energy sector.
Employment in the renewable energy sector has dropped by 15 per cent in the last two years, according to the Australian Bureau of Statistics.
Industry groups, clean energy companies and electricity users have penned an open letter to the government, requesting a compromise on the RET.
Powerstar has developed a new energy storage system designed for large power users across commercial, industrial and government segments.
New research claims that over 6,000 jobs and billions in output could be created through harnessing agricultural waste for industrial use.
A solar power company has dropped plans to develop plants for the retail market, saying the government is more interested in conventional energy.
CSIRO has made a breakthrough that promises to increase the efficiency and help to lower the cost of solar electricity.