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Environmentalists have implored Queensland’s opposition party to “end the climate wars” by backing the government’s carbon emissions reduction target as renewables industry leaders also call for bipartisanship on the issue. Climate Energy Finance director, Tim Buckley, said the industry requires bipartisan support for long-term planning and security. “That means it’s got longevity and credibility and therefore it provides the investor certainty that is needed to really underpin the literally hundreds of billions of dollars of investments that are required to make this work,” Buckley said. Read more

Victoria, like Australia, is on notice. We need to plan and build-in energy system resilience as a key priority, and invest in a modern, flexible grid that is future-proofed. This requires pivoting emphatically and as a matter of urgency from risky dependence on end-of-life, unreliable, polluting centralised coal-plants like Loy Yang A, built four decades ago for a completely different energy market. Thermal coal power plants are not part of the solution – they are the problem. Alongside big solar, wind and batteries, we stand on the precipice of a revolutionary opportunity to massively upscale consumer energy resources, like solar PV on rooftops everywhere, household batteries, and EVs sending power to the grid. Read more

“It was not Loy Yang A tripping that caused the blackouts, it was the grid connected to Loy Yang that got taken out, and Loy Yang tripped because [it] couldn’t export the power [it was] generating,” explains energy analyst Tim Buckley. He says distributing the sites at which power is generated and stored and the number of transmission lines connected to these sites to end users would strengthen rather than weaken the grid. “It’s about having a spiderweb so if the one line or one string goes down, the grid overall doesn’t collapse.” Read more

Tim Buckley, the director of Climate Energy Finance in Sydney described yesterday’s events as a “debacle” and called for a rapid rollout of wind, solar, and battery energy storage. “The result is electricity prices spiking to the maximum $16,600/MWh – meaning all electricity producers are absolutely cashing in big time, profits for generators, a nightmare for Victorian energy users. Time to break the fossil fuel cartel gouging Australians and accelerate the deployment of firmed renewable energy as fast as possible,” wrote Buckley in a post on LinkedIn. Read more

A leading energy analyst says Victoria needs to improve the resilience of its power supply. Tim Buckley is director of the public interest think tank Climate Energy Finance. He joined Raf Epstein to share his view of what Victoria needs to do to future-proof the grid. Read more

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The transition of Australia’s energy system will simply not happen without diversified supply: offshore wind projects are an important component now available for our future energy system. Climate Capital Forum member and experienced wind energy executive, Naomi Campbell, outlines the extensive feasibility process involved and the opportunity for community engagement. Read more

Tim Buckley breaks down the COALition’s attempt to kill the renewables revolution by sowing disinformation and dissent in the community as the rest of the world rapidly decarbonises Read more

As Tim Buckley and Annemarie Jonson write, the Coalition’s Luddites are at it again, doing what they do best – wrecking the joint as they try to blow up the renewables transition. Meanwhile, investment in the clean energy that will solve the climate crisis and deliver permanent energy bill relief to consumers is skyrocketing Read more

Tim Buckley, the current director at Climate Energy Finance, offers his insights on the Fels Report which analyses the inflationary impact of corporate greed among aviation and energy companies in Australia. Reacting to increasing energy costs, Tim surmises that Australian consumers face abuses due to the disproportionally high number of oligopolies exerting their market power. Consequently, excessive price inflation, particularly in the energy sector, has become prevalent despite Australia being a premiere energy exporter, with automotive fuel prices increasing by 45%, gas prices by 36%, and electricity prices by more than 20%. Read more

The Fels report released today finds There is price gouging in the electricity market and widespread gaming of the system by gentailers, as there has been in transmission, meaning consumers are paying too much and exacerbating the cost of living crisis. Read more

Clean Energy Finance director Tim Buckley says extensive community consultation, including with landholders, communities and First Nations peoples must be central to planning for the rollout of renewables. But “so should pivoting policy momentum and public capital to our massive, once in a century opportunity to establish Australia as a renewable energy and zero-emissions trade and investment superpower. Read more