The AFR reports that Josh Frydenberg and Labor’s Mark Butler had a bit of a love-in when they shared a platform late last month. Ben Potter said they were peas in an energy pod.
Frydenberg waxed lyrical about the shrinking cost of solar photovoltaic – from $1.6 per kilowatt installed in 2014 to 19 cents per kilowatt last year. Battery storage has also halved in cost and added half as much capacity again in just five years, he enthused, and “demand response” – where customers curtail their usage or offer their batteries and smart appliances to the grid during demand spikes to avert blackouts – has an “incredibly” important role.
Butler took his cue, noting that the system is undergoing a “massive, profound and irresistible transition which will just continue whether we like it or not”.
Butler said that if anyone could get the Clean Energy Target (CET) through the LNP party room it would be Josh. Continue reading A tsunami of renewables