Energy

Filter by

Filter by

  • August 21, 2019

    Elephant in the room? No energy policy

    , ,
    On 13 August 2019, Infrastructure Australia tabled a comprehensive Audit on Australia’s infrastructure across transport, water, energy, telecommunications and social infrastructure. The objective of the Audit is to take a user perspective of Australia’s infrastructure and create discussion around key challenges and opportunities. We believe the Audit is an excellent forum for lively debate around key issues that will have material impacts on Australians.  We welcome the Audit and congratulate Infrastructure Australia on bringing this Audit forward and into the public domain for healthy and constructive debate. Venture Insights is a market-leading commentator on how technology disrupts the world we live in. We believe that technology can be a force for good and that if harnessed well can provide significant benefits to people. We call this the “technology dividend” and have focused on a number of key sector groups including digital media, telecommunications, finance, energy and health. In this report, we review the energy component of the Audit and provide some of our own views on what is being presented. The Audit was broken into 6 areas (which originated from the Finkel review): (a) Affordability and competitive prices; (b) Secure and reliable and sustainable energy); (c) Planning for our future energy networks; (d) New opportunities for community choice; (e) Delivering energy in remote communities; and (f) Harnessing Australia’s energy advantage. We respond in turn to each of these areas.
  • August 7, 2019

    Do EVs change everything, and by when?

    ,
    Venture Insights hosted a webinar with leading city planning experts Nic Frances Gilley (Councillor, Chair of the Transport Portfolio, City of Melbourne), Deb Cailes (Acting Director, City Strategy and Place, City of Melbourne) and electric vehicle expert Johan Karlsson (Head of New Technology, DC Power Co) to discuss the future of electric vehicles in Australia. The topic for discussion was “Do electric vehicles (EVs) change everything, and by when?”. Certainly, the view from the guest speakers and Venture Insights is that there will be an aggressive adoption of Electric Vehicles in Australia. In a world focusing on climate change and emission reduction, renewables will be the main source of energy in the future.
  • July 11, 2019

    100% EVs by 2050

    ,
    Electronic Vehicles (EVs) in Australia are forecast to reach 100% of new car sales within 15-20 years. EVs are an alternative to the internal combustion engine (or ICE) and use electric motors or traction motors for propulsion. ICE vehicles typically run on petrol or diesel and currently make up nearly 100% of the Australian private vehicle market. EVs are charged typically from the grid and as such source energy from both renewable and fossil fuel sources. Reduction in technology costs and the mass production will result in EVs having lower upfront and running costs which will lead to mass market adoption and ultimately replace the entire commercial market for private vehicles. In this report, we review the various factors driving the uptake of EVs, the way in which EVs will be charged, and the potential impact on residential homes’ production and consumption of electricity. As the market moves towards a distributed renewable market, EVs will increasingly be charged by cheaper renewable energy during off peak times when renewables are abundant in supply. We also review the cost of charging EVs (versus the equivalent cost for an ICE car) under various scenarios where a household charges its EV using grid electricity and using their own solar panels and batteries.
  • June 26, 2019

    Do batteries change everything, and by when?

    ,
    Webinar Review: Venture Insights hosted a webinar with leading solar and battery experts Nick Brass (Co-Founder, DC Power Co) and Ryan Wavish (Principal, Marchment Hill Consulting) to discuss the role of household batteries in Australia. The topic for discussion was “Do batteries change everything, and by when?”. Certainly, the view from the guest speakers and Venture Insights is that batteries are a ‘game changer’ technology on the horizon for residential electricity markets. In a world made up of cheaper renewable electricity (zero marginal cost) there are profound opportunities for all participants in the electricity supply chain, from battery manufacturers, demand side software models, fossil fuel and renewable generators, transmission and distribution network owners and the incumbent and challenger retailers.
  • Free
    June 18, 2019

    Batteries powering our residential homes

    ,
    The cost of retail electricity is a hot topic in Australia, exacerbated by more frequent and volatile weather events and a rapid shift from traditional fossil fuels towards renewables. Considering that residential solar panels have reached 20% penetration, and this is set to grow to 50% over time, we believe that they have reached ‘mainstream’ market adoption with steady growth in panel installations likely to continue. As such, the discussion now shifts to the installation of batteries which will further shift the energy supply mix toward renewables in Australia. With the price volatility of retail electricity, there is an increased focus by governments and households on different ways to cut costs across the energy supply chain, from distributors to end users. This report looks at how and when battery technology will be adopted and forecasts the potential impact this could have on the consumption of ‘grid’ electricity.
  • Free
    January 23, 2018

    Wind Farms – Adding wind to Australia’s energy sails

    , ,
    Wind energy already accounts for 30 percent of renewable generation and over 5 percent of total electricity generation in Australia. Falling development and generation costs will drive the growth of wind as an energy source into the future.
    $0.00
  • Free
    November 6, 2017

    Green Hydrogen – Opportunity or hype?

    , ,
    Hydrogen as an energy carrier has long been discussed as a pathway to a greener future and although technology progress has been slow, recent developments point to tangible progress.Diversity of sources, security and flexibility within Australia’s energy system is the key to a reliable energy future; hydrogen could play an important role alongside other energy technologies.
  • Free
    October 13, 2017

    Energy Roundtable Breakfast – key findings

    , ,

    What will Australia’s energy future look like in 2030? Will it be business as usual? …… a utopian renewable energy reliant world? …… one powered by nuclear? …… or one with high technological consumption control?

  • Free
    September 13, 2017

    AEMO Report – exacerbating our issues not finding solutions

    , ,
    AEMO’s report to the Government appropriately highlights the risks to the NEM following closure of key dispatchable capacity. However, the report and the Government’s reaction adds to the hysteria rather than addressing policy that provides incentives to invest in appropriate generation assets.
    $0.00
  • Free
    August 30, 2017

    ‘Charging’ ahead – Five key trends reshaping the electricit [...]

    ,
    The traditional electricity industry is under significant pressure as rapid advances in technology are upending the electricity value chain. Disruption in electricity is no longer an ‘if’. Think when, how fast and how big. Batteries, renewables, prosumers and distributed electricity systems, electric vehicles and the Internet of Energy are the key trends leading the charge.
    $0.00
  • Free
    August 4, 2017

    Residential rooftop solar set to soar

    , ,
    Solar rooftop economics are approaching a tipping point. Not only does electricity generated from residential rooftop solar households reduce greenhouse gas emissions, recent market trends indicate residential rooftop solar is the solution for households to withstand increasing electricity prices.
  • Free
    July 18, 2017

    Disruption in Electricity – an electrifying start to a sunny fu [...]

    ,

    With the appropriate political and regulatory support and after years in the wilderness Australia now approaches a period of rapid change to the way in which it produces and consumes energy. This will mark the end of a ‘lazy’ era of burning fossil fuels and propel Australia’s energy sector toward being regarded as highly innovative with the ability to export our innovation and skills.

  • Free
    June 21, 2017

    The Finkel Review – A politically acceptable outcome for no [...]

    ,

    The Finkel review has been released and appears to have come up with a ‘politically acceptable’ solution. However, even if all the recommendations are accepted, the future impact on the electricity market is far from certain. Human behaviour and the declining cost of renewables will have a more profound effect than the Finkel review suggests in its modelling.

  • Free
    Snowy Hydro 2.0: Good but not enough?
    Snowy Hydro 2.0: Good but not enough?
    June 21, 2017

    Snowy Hydro 2.0: Good but not enough?

    ,

    Snowy Hydro 2.0 has been proposed by the Federal Government to alleviate the Australian Energy Crisis. Will it be the golden solution they hoped for, or should the government consider alternative investments to allow a more effective or timely solution?

  • Free
    Batteries have become the mainstream solution to the energy crisi
    Batteries have become the mainstream solution to the energy crisi
    April 19, 2017

    Batteries have become the mainstream solution to the energy crisi [...]

    ,
    Following the blackouts in South Australia, a strong debate around the future of electricity has been sparked within both the state and national governments. We take a closer look at this debate, summarise the causes, consequences and likely outcomes, whilst discussing the impact to the wider Australian energy market.
  • Free
    February 15, 2017

    Towards Australia’s Smart Energy Future

    ,

    As technological developments continue Smart Energy is increasingly being adopted by the government, businesses and consumers in order to address climate issues and cut energy costs. We discuss the uptake of Smart Energy within Australia including the key technologies, government incentives driving uptake and the anticipated disruption from future changes.