Malcolm Turnbull has again pushed the idea of a "technology neutral" approach to energy policy, after scrapping the Clean Energy Target recommended by Australia's Chief Scientist Dr Alan Finkel, which Tony Abbott had previously referred to as a "tax on coal". The CET will now be replaced with a National Energy Guarantee, with a focus on reducing power bills and guaranteeing reliability through focusing on so-called "dispatchable" generation.
Tagged With finkel review
With the price of energy from new wind or solar rapidly dropping below that of traditional fossil fuels, renewable energy feels like a no-brainer for Australia. Yet despite massive strides in efficiency and affordability, we still can't generate solar energy while the sun isn't shining, or run wind turbines while the wind isn't blowing. What we can do, however, is store that energy while conditions are good, and save it for a rainy day.
Predicting the future is near impossible -- but that doesn‘t stop us all from having a red hot go. Human beings have been predicting the future since the beginning of history and the results range from the hilarious to the downright uncanny.
One thing all future predictions have in common: they‘re rooted in our current understanding of how the world works. It‘s difficult to escape that mindset. We have no idea how technology will evolve, so our ideas are connected to the technology of today.
You may have heard about Australian Chief Scientist Alan Finkel's review into Australia's electricity network. You may also have read about its implications on the industry or the environment, but you're probably still wondering -- what will it mean for you and your electricity bill? Read on to find out everything you need to know about the Finkel review's blueprint for Australian electricity.
Australia's Chief Scientist Dr Alan Finkel has unveiled a blueprint to optimise the National Electricity Market.
Dr Finkel presented the Final Report of the Independent Review into the Future Security of the National Electricity Market to COAG Leaders in Hobart last week, and here's what the experts have to say about it.
The long-awaited report from Chief Scientist Alan Finkel into Australia’s National Electricity Market was released today.