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Future of Australian energy Renewables, Controversies and Regulations Alan Moran, Regulation Economics

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Page 1: Future of Australian energy€¦ · Queensland Solar Bonus ($276 per customer in 2015/6) 1 350 NSW Climate Change Fund/Energy Savings 317 1 ACT 6 1 Victoria 439 1 SA 62 1 State Schemes

Future of Australian energyRenewables, Controversies and Regulations

Alan Moran, Regulation Economics

Page 2: Future of Australian energy€¦ · Queensland Solar Bonus ($276 per customer in 2015/6) 1 350 NSW Climate Change Fund/Energy Savings 317 1 ACT 6 1 Victoria 439 1 SA 62 1 State Schemes

Page 3: Future of Australian energy€¦ · Queensland Solar Bonus ($276 per customer in 2015/6) 1 350 NSW Climate Change Fund/Energy Savings 317 1 ACT 6 1 Victoria 439 1 SA 62 1 State Schemes

Page 4: Future of Australian energy€¦ · Queensland Solar Bonus ($276 per customer in 2015/6) 1 350 NSW Climate Change Fund/Energy Savings 317 1 ACT 6 1 Victoria 439 1 SA 62 1 State Schemes

Estimated greenhouse gas expenditures 2016

Commonwealth Costs 2016 ($M)

LRET (wind and large solar) costs 21,431,000 MWh at $85 1822

SRES (roof top solar) costs 6,000,000 At $40 240

Environment Departmental budget costs

ARENA 1541

CEFC 2391

Clean Energy regulator 6741

Other 69

Other Agencies (CSIRO, BoM, other depts) ~$500

Total Commonwealth 3698

State

Queensland Solar Bonus ($276 per customer in 2015/6)1 350

NSW Climate Change Fund/Energy Savings 3171

ACT 61

Victoria 4391

SA 621

State Schemes Total 1172

TOTAL 4870

Page 5: Future of Australian energy€¦ · Queensland Solar Bonus ($276 per customer in 2015/6) 1 350 NSW Climate Change Fund/Energy Savings 317 1 ACT 6 1 Victoria 439 1 SA 62 1 State Schemes

Page 6: Future of Australian energy€¦ · Queensland Solar Bonus ($276 per customer in 2015/6) 1 350 NSW Climate Change Fund/Energy Savings 317 1 ACT 6 1 Victoria 439 1 SA 62 1 State Schemes

Solar PV capacity installed in Australia (MW DC)

Page 7: Future of Australian energy€¦ · Queensland Solar Bonus ($276 per customer in 2015/6) 1 350 NSW Climate Change Fund/Energy Savings 317 1 ACT 6 1 Victoria 439 1 SA 62 1 State Schemes

CRC Cost estimates

Page 8: Future of Australian energy€¦ · Queensland Solar Bonus ($276 per customer in 2015/6) 1 350 NSW Climate Change Fund/Energy Savings 317 1 ACT 6 1 Victoria 439 1 SA 62 1 State Schemes

Page 9: Future of Australian energy€¦ · Queensland Solar Bonus ($276 per customer in 2015/6) 1 350 NSW Climate Change Fund/Energy Savings 317 1 ACT 6 1 Victoria 439 1 SA 62 1 State Schemes

Page 10: Future of Australian energy€¦ · Queensland Solar Bonus ($276 per customer in 2015/6) 1 350 NSW Climate Change Fund/Energy Savings 317 1 ACT 6 1 Victoria 439 1 SA 62 1 State Schemes

Page 11: Future of Australian energy€¦ · Queensland Solar Bonus ($276 per customer in 2015/6) 1 350 NSW Climate Change Fund/Energy Savings 317 1 ACT 6 1 Victoria 439 1 SA 62 1 State Schemes

Page 12: Future of Australian energy€¦ · Queensland Solar Bonus ($276 per customer in 2015/6) 1 350 NSW Climate Change Fund/Energy Savings 317 1 ACT 6 1 Victoria 439 1 SA 62 1 State Schemes

Page 13: Future of Australian energy€¦ · Queensland Solar Bonus ($276 per customer in 2015/6) 1 350 NSW Climate Change Fund/Energy Savings 317 1 ACT 6 1 Victoria 439 1 SA 62 1 State Schemes

Victoria demand and supply 17-20 January 2018

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