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Rooftop solar feed-in tariff slashed again to new low of just 3.3c/kWh - One Step Off The Grid
Regulator confirms it will slash rooftop solar FiT by another 32% in 2024, as wholesale power prices continue to be pushed down by … rooftop solar.onestepoffthegrid.com.au
Or an EV, otherwise why bother."For those who cannot do that, a home battery may be in order."
Funny, I was just thinking that.
Overall it's all happening too slowly meanwhile existing generation is wearing out.Victoria is going on about shutting down Loy Yang, then you look at the deployment of solar farms in Victoria and it all becomes confusing.
Can people opt out of the feed in tariff system and prevent the use of their battery by the power corps?One of the things that pisses me off about the requirements of the power supply/retail companies is that during the night, when we use barely 0.3kw per hour, our battery system while adequately supplying our needs, is being drawn down by power cor as a feed in tariff.
There are days when we end up with 5 or 6% battery left in the morning because the they take out about twice the amount expected .
The whole point of getting the battery was to provide us with a seamless backup system in case of grid failure.
if the power companies are sucking out of the batteries during the night, it kinda reduces our bakup capacity.
Mick
The fine print is 18 pages long.Can people opt out of the feed in tariff system and prevent the use of their battery by the power corps?
That is a big stumbling block with the BEV V2G in the U.K apparently, the uptake has been dismal, or it was last time I read about it.One of the things that pisses me off about the requirements of the power supply/retail companies is that during the night, when we use barely 0.3kw per hour, our battery system while adequately supplying our needs, is being drawn down by power cor as a feed in tariff.
There are days when we end up with 5 or 6% battery left in the morning because the they take out about twice the amount expected .
The whole point of getting the battery was to provide us with a seamless backup system in case of grid failure.
if the power companies are sucking out of the batteries during the night, it kinda reduces our bakup capacity.
Mick
It's a long way from having a battery manufacturing facility here, but it's a start.The Queensland Critical Minerals and Battery Technology Fund has allocated to Redflow up to $1.12m for the development and construction of a large-scale zinc-bromine flow battery prototype and a feasibility study for the establishment of a large-scale zinc bromine flow battery manufacturing facility in Queensland .
Redflow Limited (ASX: RFX), a global leader in clean energy storage, announced today that they have been awarded funding from the Queensland Critical Minerals and Battery Technology Fund (QCMBTF). The QCMBTF was created by the Queensland Government to support businesses to assist in economic growth in Queensland, create Queensland based jobs, support private sector investment, and manufacture advanced battery technologies in the state.
The QCMBTF is a $100m facility to support businesses investing in critical minerals and battery supply chain in Queensland. The fund provides two streams of financial assistance:
• grant funding for eligible projects; and
• government equity and/or debt investment up to $30 million for growth-stage businesses looking to scale-up activity. Redflow applied for grant funding in late 2023 to examine the potential to establish a large scale battery manufacturing facility in Queensland to support local and global demand and was successful in being awarded up to $1.12m under the QCMBTF.
The total cost of the project is expected to be around $3.2 million, of which up to $1.12 million will be reimbursed by the grant funding, subject to meeting milestones.
Click to expand...
One small step in the right direction IMO.I posted this in the RFX thread, but it is probably just as relevant in this thread,
The QLD government have given RFX 1.5 mill to investigate the possibility of creating large scale versions of its gen3 Z-cell batteries to be used in storage locations.
But probably more importantly, part of the deal is looking at making these batteries here in OZ.
Part of the press release sent to shareholders.
It's a long way from having a battery manufacturing facility here, but it's a start.
This is a creative way to ensure competition amongst energy suppliers as well as diversifying our energy networks.
I wonder if the power companies will allow people to cherry pick their tariff offers ?
Turn on or drop out: new rules could give energy consumers more power on the home front
Allowing people to use multiple electricity providers could unleash the potential of EVs, solar panels and even hot water systems to feed back into the grid
Peter Hannam
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Thu 29 Feb 2024 01.00 AEDTLast modified on Thu 29 Feb 2024 10.19 AEDT
Got an electric car, solar panels or even a pool pump? In the near future, you will be able to sign different deals for key appliances so that you can be paid for turning them off or even supplying power back to the grid at peak times.
At least that’s the vision under draft rules aimed at changing how power companies and consumers interact.
The new draft electricity and retail rules, released on Thursday by the Australian Energy Market Commission for public feedback, are aimed at opening the way for households and businesses to sign up services for different power uses.. Competition would be expected to drive down power prices and foster innovation although more consumer protections would need to be in place before multiple suppliers could be tapped.
The proposed rule change would unleash the potential for households with solar panels, batteries, EVs and other loads that can be used flexibly such as hot-water systems to capture the benefits these assets offer the grid, said commission chair Anna Collyer.
Turn on or drop out: new rules could give energy consumers more power on the home front
Allowing people to use multiple electricity providers could unleash the potential of EVs, solar panels and even hot water systems to feed back into the gridwww.theguardian.com
Yes and the other side has to come up with some costed plans for nuclear instead of waving their own wand around.
Meanwhile , in the US, a leading SMR project has been cancelled.
Small modular nuclear reactor that was hailed by Coalition as future cancelled due to rising costs
Opposition climate and energy spokesperson had pointed to SMRs as a solution to Australia’s energy needs, but experts raise questions over price tagwww.theguardian.com
Small nuclear reactors have been used for decades in naval ships and submarines.
Why is it so hard to develop an SMR for land-based civilian use?
I have been thinking on this issue recently, mainly because I worked in power generation my whole career and I don't think my answer was informative enough.The two main issues facing SMR's are, licensing and efficiency.
There are huge amounts of safety and legislative issues with getting licensing permission.
Also they are having a lot of problems with getting reasonable thermal efficiency at the SMR size up to 300MW, with the military that isn't a problem, when you are trying to make money it is.
Nuclear is expensive to build but reasonably cheap to run, if they can't get the thermal efficiency up, they can't compete.
As IFocus says gas is the easiest and most practical way forward, even if they debate nuclear, they will still find gas is the way to go.
However as smurf has mentioned, there isn't a huge amount of that and it is still a fossil fuel creating emmissions, so there will always be a changing landscape on the energy mix IMO.
Its not just Victoria and WA.Like I said, I agree with you, but when I look at the state of play regarding deployment in areas like W.A and Victoria, the rhetoric doesn't seem to align with the reality.
Victoria is going on about shutting down Loy Yang, then you look at the deployment of solar farms in Victoria and it all becomes confusing.
These in W.A have been in for quite a long time, so new large capacity solar in the SWIS doesn't seem to be ramping up as quickly as I would expect.
Yes I think this is what concerns people, these days the general public is much better informed than previous generations, due mainly to the internet and access to information.Its not just Victoria and WA.
NSW seems to be failing as well,
From ABC News
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Mick
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