“The days of subsidies in energy are over, whether it is for coal, wind, solar, any of them,” the treasurer said. “That is the way I think you get the best functioning energy market with the lowest possible price for businesses and for households and that is what the national energy guarantee and our energy policies are designed to achieve.” Fast forward to this week when Keith Pitt, the minister for resources, water and northern Australia, blocked a loan for the Kaban green energy hub which had been approved by the Northern Australian Infrastructure Facility (Naif) in January. The blocked funding would have helped build a 157-megawatt windfarm and 100MW battery and included a 320km transmission line upgrade. Pitt’s reason for overruling the decision was that investment in “mature technologies” like wind and solar energy would be driven by the private sector whilst the government’s policy was to support dispatchable generation. I’m not sure what Mr Pitt thinks batteries are for.
olddogthoughts 