The context: CEF director Tim Buckley said Frontier’s nuclear report is “riddled with shortcomings” which “completely undermine its credibility as a serious energy transition analysis”.
What they said: “This is as weak as the opposition leader recently declining to accept the settled climate science because he is ‘not a scientist’,” said Buckley.
Read more
Three out of Australia’s four aluminium smelters would be “at severe risk of closure” under the change in energy policy which could affect thousands of jobs, a study warns.
A group of more than 70 organisations under the banner of Renew Australia for All released the report on Tuesday, analysing modelling conducted by Frontier Economics for the coalition.
Read more
Climate Energy Finance founder Tim Buckley said adopting nuclear power would also force Australian industries to rely on coal-powered electricity and gas for longer and could undermine existing investments in renewable energy projects.
“This will further erode our manufacturing sector’s competitiveness,” he said.
Read more
The analysis in this report is clear: nuclear reactors risk our vital regional manufacturing hubs and the thousands of livelihoods that depend on them. These are risks we don’t have to make.
Read more
In the wake of the Government’s announcement of its Cheaper Home Batteries Program, 60 Australian economists, energy analysts and policy specialists have signed a letter comparing the economic consequences of pursuing nuclear energy against those of subsidising distributed clean energy technologies, including batteries.
Read more
Residential battery prices are yet to fall like industrial ones, Climate Energy Finance director Tim Buckley says, but they are becoming more reliable and long-lasting, making them better value.
Read more
“The Australian Energy Market Operator report for the December quarter of 2024 shows domestic gas use accounted for only about 16% of total gas produced in eastern Australia,” says Buckley. “We exported the other 84% of all the gas produced in eastern Australia. That’s the most important point: we don’t have a shortage.
Read more
This damaging policy reversal undermines what was formerly Queensland’s national leadership in building out large-scale renewable energy and storage, and its record uptake of rooftop solar, just as the climate emergency escalates and in the context of a national cost of living crisis driven by skyrocketing fossil fuel energy bills.
Read more
The benefits of the new battery program extend beyond those with existing solar. Reducing energy demand in the peak evening period brings down wholesale electricity prices and network costs, meaning reduced power prices for all.
Read more
The rebate would only apply to people with rooftop solar, meaning people living in an apartment and renters could miss out.
Buckley said he would like to see this revised and caveats put in place for apartment blocks, so that those households aren’t left behind.
“I would hope this is just the next iteration of a number of policies to make sure we deal with apartment dwellers,” he said.
“There could be split incentives for renters and landlords, and policies to deal with council regulations and strata titles.”
Read more
n the lead-up to Australia’s election, the cost of living crisis remains a key issue. Labor has proposed a 30% subsidy on household batteries linked to solar energy, which could save individuals over $1,000 annually on electricity bills. However, some homes, especially apartments, may not benefit due to limitations in installing solar systems.
Read more
If Labor wins the next election, it promises a 30% subsidy on home batteries, capped at one battery per household, with the subsidy renewed yearly. Tim Buckley, director of Climate Energy Finance, supports the plan, noting that it could reduce battery costs, which can exceed $10,000, by around $3,000, benefiting households with significant savings.
Read more