The plan to REZurrect Australia’s large-scale segment
Investment in large-scale solar appears to be faltering in Australia. The technology with the lowest cost, with no emissions and the fastest time to delivery, has often found itself dangling at the oversubscribed end of a limp transmission line, with additional, expensive requirements to connect, or earnings-slashing curtailments when operational. Investors have found no reassurance in the federal government’s winking at coal, courting of gas, and undermining of agencies established to support innovation and investment in renewables. In short, the Australian prime minister is showing a complete lack of urgency to act on climate change. Enter the Renewable Energy Zone.
Simon Corbell, former deputy chief minister of the Australian Capital Territory, was recently appointed as the chair of the 25-member Clean Energy Investor Group (CEIG).
Image: AFAC/Flickr
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