Page 4 - Simon Corbell News Today

Australia has been making big improvements in renewable energy, according to an annual scorecard from WWF Australia.

New transmission and storage projects have pushed Australia’s biggest state to the top of a new independent index, beating out Tasmania.

Australia has been making big improvements in renewable energy, according to an annual scorecard from WWF Australia.

Australia has been making big improvements in renewable energy, according to an annual scorecard from WWF Australia.

Having ruled out a windfall tax on gas companies reaping billions in extra profits, experts say the government must intervene to head off “untenable” power price spikes.

A looming energy storage shortfall has promoted renewed calls from the renewable energy industry for a national renewable energy storage scheme. The scheme would consist of a series of large-scale project tenders designed to unleash desperately needed investment.

Jeff Kennett, the former Victorian premier who privatised the State Electricity Commission in the 1990s, has blasted Premier Daniel Andrews as a dangerous socialist who will return Victoria to being a “rust bucket state”.

Daniel Andrews has promised $1 billion for public-owned energy generation, but few see it as depressing wholesale prices massively.

The electricity market must now comply with a national objective to cut greenhouse emissions following a meeting of energy ministers in Canberra.

A meeting of Labor-dominated energy ministers has dumped the need to include coal in any future energy grid capacity mechanism.