The Australia Institute made a submission to the Environment and Communications Legislation Committee's inquiry into the Coal-Fired Power Funding Prohibition Bill 2017. The submission highlights our existing research on Australia’s energy market and coal-fired power generation.
Climate & Energy Program
by Richie Merzian
[Originally published in the Canberra Times, 10 August 2019]
Late last Friday - a timeslot where ministers are known to announce policies they are most proud of - the Minister for Energy, Angus Taylor, ordered a parliamentary inquiry into nuclear energy.
Prime Minister Morrison is undermining Pacific action on climate change, with new analysis from the Australia Institute revealing that his pollution loophole is equivalent to around 8 years fossil fuel emissions for the rest of the Pacific and New Zealand.
The Government plans to use Kyoto credits to meet emissions targets – a loophole that means Australia will count controversial past reductions to meet current targets – and essentially be able to keep pollution at the same level.
New research from The Australia Institute has shown how the world’s major electricity markets are opening up to demand response competition, which will benefit consumers with lower prices and help maintain reliability.
“The rest of the world is charging ahead with energy market modernisation and Australia is now poised to make a major reform that will put us at the leading edge,” said Dan Cass, Energy Policy & Regulatory Lead at The Australia Institute.
Wholesale demand response brings benefits to consumers and reduces energy prices. A rule change currently being considered by the Australian Energy Market Commission is supported by a wide range of consumer groups, but opposed by incumbent energy companies. Demand response is being introduced in major markets such as the USA, EU and China, where similar patterns of support and opposition have been observed.
The Australia Institute made a submission on the Galilee Gas Pipeline proposed by Jemena. The Pipeline Project should be considered a controlled action under the EPBC Act as it would impact on matters of national environmental significance.
by Richie Merzian
[Oringinally published in The Canberra Times, 27 July 2019]
The single greatest threat to Australia and the Pacific is climate change. But given Australia's actions over the last 12 months, you wouldn't know it. The Australian government is only willing to pay lip service to what addressing that threat requires: serious climate action.
As states compete for top-place in renewable energy generation and upgrades to the National Electricity Market (NEM) reach growth rates comparable to the development of Australia’s original electricity grids, Australia’s transition to renewables needs more planning and support from Governments.
The Australia Institute Climate & Energy Program has released the latest National Energy Emissions Audit, analysing the electricity sector over the previous month. The Audit is authored by renowned energy expert, Dr Hugh Saddler.
Welcome to the July 2019 issue of the NEEA Electricity Update, with data updated to the end of June 2019. The Electricity Update presents data on electricity demand, electricity supply,and electricity generation emissions in the National Electricity Market (NEM), plus electricitydemand in the South West Interconnected System (SWIS).
Research released today by The Australia Institute shows that coal mines in Queensland receive a discount on royalty payments of up to 17% relative to similar mines in NSW.
This effective subsidy could be increased under a State Government deal with Adani currently being negotiated.
“Mines like Adani’s effectively get 17% of their coal for free thanks to existing Queensland royalty arrangements,” said Rod Campbell, Research Director at The Australia Institute.
“If the Adani mine is developed, this royalty loophole would deliver an annual subsidy of between $12 million and $30 million per year.