Not exact matches
The latest iteration does away with
renewable obligation certificates (their equivalent of Australia's
renewable energy certificates) and
instead auctions off government support for a fixed amount of
renewable energy
capacity.
Instead of building a clean,
renewable - energy economy and technological
capacity, Australia will continue to stumble at the back of the pack.
However, using your very persuasive logic, if I could invest # 500 elsewhere (
instead of micro PV) and achieve 15 X more
renewable capacity in the world — How would I do that?
It would be an exceptionally useful experiment in managing the adoption of
renewable energy technologies to isolate California from all external sources of fossil, nuclear, and hydropower generation and to rely
instead upon solar and wind backed by a combination of grid - scale energy storage facilities and gas - fired backup generation
capacity.
Instead of a single or other simple (e.g. night and day) tariff, dynamic pricing and more complex tariff structures are expected to be introduced to allow «demand response», in other words, to allow customers to buy electricity at constantly changing prices, thereby cutting demand at peak times, and thus, resulting in a lower need for peak
capacity as well as better integration of
renewable energy sources.
Among the concerns bubbling to the surface in the last week or so are: (1)
Renewables might not be doing such a great job of replacing fossil fuel
capacity after all, (2) Energy storage might be fomenting yet another carbon emissions problem
instead of solving one, and (3)
Renewables might be making electricity rates go up, not down.