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Carbon pricing and carbon tax

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Carbon pricing and carbon tax

Last week, Australia’s energy ministers made a commitment to reform the National Electricity Objectives (NEO) and commence work on a National Energy Transformation Partnership. Some experts believe this is a step towards a carbon price. We take a look at what a carbon price is, how it works and whether we might see it make a comeback in Australia.

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Why storage doesn’t need to match capacity

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Why storage doesn’t need to match capacity

There is a common misconception that Australia will need to match each kW of wind and solar capacity with an equivalent amount of storage. In fact, only a fraction of storage for each kW of variable renewables – between one fifth and one third – will be necessary to meet demand, according to the CSIRO’s annual GenCost report.