October 2019

Nuclear Power Uninsurable and Uneconomic in Australia

New research has revealed that financial services in Australia will not insure against nuclear accidents, and if developers of nuclear power stations were forced to insure against nuclear accidents, nuclear power would be completely uneconomic. The Australia Institute’s submission to the Inquiry into the prerequisites for nuclear energy in Australia, shows that establishing a nuclear

Midlands coal, the wrong project in the wrong market at the wrong time

Several market and physical challenges exist for a new proposed coal development in Tasmania’s southern midlands, according to a new briefing paper released by the Australia Institute Tasmania today. The company seeking to develop the project, Midland Energy, is looking to raise capital in the U.S.A. where it is claiming coal demand is “rampant” in Asia

September 2019

Emissions High, Productivity Low: National Energy Emissions Audit

New research shows Australia is not on track to meet the aims of the National Energy Productivity Plan (NEPP), warning that poor energy productivity is a major cause of both rising emissions and energy costs. The Australia Institute Climate & Energy Program has released the latest National Energy Emissions Audit, analysing the electricity sector over

Adani yet to contact regulators on rail-royalty deal

Research released today by The Australia Institute shows that preparations have not begun on parts of the Adani royalty deal, which is due for completion on Monday 30 September. Key findings The Adani royalty deal allows Adani to defer royalty payments and pay them back at discount interest rates. Estimates for the value royalty-related subsidies to Adani range from

ACT: First Outside Europe to 100% Renewable Transition

The Australian Capital Territory is set to become the first major jurisdiction outside Europe to transition from a fossil fuel-based supply to 100% renewable electricity, according to a new report released to by the Australia Institute Climate & Energy Program. The new research finds that on 1 October 2019, an energy offtake agreement with Hornsdale

August 2019

South Australia: World Leader in Renewables and Energy Market Transition

New research shows South Australia’s success in managing the electricity grid while simultaneously bringing a large volume of renewables into the energy mix, has positioned the state as a world leader in managing renewables transitions The Australia Institute Climate & Energy Program has released the latest National Energy Emissions Audit, analysing the electricity sector over

Victorian Coal Dependence Risks Blackout: Solar Cheapest to Ensure Reliability

The AEMO Energy Statement of Opportunities (ESOO) released today confirms Australia Institute Gas & Coal Watch analysis that shows that Victoria’s dependence on brown coal and gas is a serious risk to the state’s energy supply this summer. Key points from AEMO Energy Statement of Opportunities: Based on operational experience, AEMO’s modelling assumed There is

Australia lags as energy retailers attempt to delay reform

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

July 2019

Lack of Government Backing Stifles Australia’s Renewables Transition

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,

Demand Response Rule Change: Consumers set to save from energy market shake-up

The Public Interest Advocacy Centre, The Australia Institute and Total Environment Centre have today welcomed a draft rule by the Australian Energy Market Commission (the Commission) that will increase competition in the wholesale energy market, lower emissions and prevent blackouts. Wholesale demand response is a system where the Australian Energy Market Operator (AEMO) pays energy

Canberra shows Australia: Progressive policies nationally popular and proven to work

Most Australians want 100% renewable energy, a stamp duty to land tax swap and pill testing at music festivals in their own state, new national polling from The Australia Institute shows. A new report from The Australia Institute, authored by Bill Browne, shows that most of the Australian Capital Territory’s innovative policies have majority support

Smart meters not so smart for electricity bills

New research released today by The Australia Institute shows that ‘time of use pricing’ facilitated by smart meters is likely to drive up household energy costs. Electricity companies and regulators have pushed for higher electricity prices at peak times, as well as higher ‘shoulder’ periods. In theory, this incentivises households to move their energy consumption

Gas & coal extraction dominates Australia’s rising emissions

New research has revealed that despite Minister Angus Taylor’s claims that Australia’s total emissions are going down, Australia’s total emissions in the past year are likely to have increased, with Australia’s gas and coal industries the significant drivers of those rising emissions. The Australia Institute Climate & Energy Program has released the latest National Energy

June 2019

Queensland facing more climate chaos

New research shows that Queensland is set to experience more climate chaos, including more summers with a dramatic increase in extreme heat days – like in Brisbane, where days over 35C would go from a historical average of two per year, to up to 45 days per year by 2090. The report, written by The

May 2019

Renewables key to Australia’s energy future

New research shows that ongoing investment in renewable energy generation by companies and households continues to reduce Australia’s electricity sector emissions, even without adequate national climate and energy policy. The Australia Institute Climate & Energy Program has released the latest National Energy Emissions Audit for the electricity sector, analysing the electricity sector over the previous

Taking way too much credit

$18 billion dollar gamble on climate action loophole The Government’s reliance on dated carbon credits to extinguish over half of its Paris Agreement target might not be authorised, forcing it to purchase last-minute international permits or drastically reduce emissions to cover huge gap.    New analysis by the Australia Institute identified numerous legal, diplomatic and

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