‘australia should adopt ‘fuelneutral’ clean energy target’
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

‘Australia should adopt ‘fuel-neutral’ clean energy target’

Arab Today, arab today

Arab Today, arab today ‘Australia should adopt ‘fuel-neutral’ clean energy target’

The energy crisis has crept up on Australia
Melbourne - Arab Today

Australia should adopt a “fuel-neutral” clean energy target to cut carbon emissions, cap soaring power prices and keep the lights on, the nation’s chief scientist said in a report on Friday.
Recommendations in the highly-anticipated review, aimed at ending a decade of political warfare over climate policy, mean that coal-fired power generation using carbon-capture technology could potentially be used alongside gas and renewable sources such as wind and solar.
The blueprint for energy security, presented to federal and state leaders, is expected to drive a compromise on carbon and energy policy, urgently needed to curb power price volatility and end outages that have hurt manufacturers.
It was commissioned last October after tornadoes triggered a state-wide blackout in South Australia that came as a wake-up call to politicians as it left homes in the dark for up to eight hours and crippled industry for nearly two weeks.
“The lack of a transparent, credible and enduring emissions reduction mechanism for the electricity sector is now the key threat to system reliability,” the review said.
The energy crisis has crept up on Australia, despite its rich endowment of coal and gas, as states have promoted rooftop solar and wind power in the absence of stable carbon policy at a federal level, and coal- and gas-fired plants have shut.
“More of the same is not an option, we need to aim higher,” Chief Scientist Alan Finkel, the head of the review panel, said in a statement.
Finkel called for the government to set a clean energy target to encourage investment in “reliable generation,” including coal with carbon capture and storage or gas.
Prime Minister Malcolm Turnbull said such a target would work, adding that the recommendation had the virtue of being technology-agnostic.
“We are looking at it, giving it very favorable consideration,” he told reporters.
Finkel said the recommendation would help cut power prices by 10 percent for households and 20 percent for the industry by 2050 compared to if the policy was left unchanged.
The review advised making new generators have “fast response” capabilities to deal with peak demand, meaning that variable sources like wind farms would need to be teamed with sources such as gas-fired power.
It also suggested large generators should give three years’ notice before closing to avoid shocking the market.
Defying state bans on gas drilling and green group calls for no new gas-fired power, Finkel said gas would be essential for providing reliable electricity.
Based on the current energy mix and expected growth, Australia’s emissions in 2030 are projected to be about 57 percent higher than its target of 290 million tons under the Paris climate accord, the nation’s top research body has said.
Gas retailers, generators and industry groups said they hoped the blueprint would provide the certainty needed to drive billions of dollars of investment into new generation.
“This blueprint is the last, best hope that Australian energy customers have for a secure, reliable and affordable energy transition,” said Energy Networks Australia head John Bradley.

Source: Arab News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

‘australia should adopt ‘fuelneutral’ clean energy target’ ‘australia should adopt ‘fuelneutral’ clean energy target’

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

‘australia should adopt ‘fuelneutral’ clean energy target’ ‘australia should adopt ‘fuelneutral’ clean energy target’

 



GMT 08:23 2017 Monday ,03 April

Tesla tops quarterly sales forecast

GMT 20:11 2017 Saturday ,25 March

Former head of Egypt’s syndicate submits appeal

GMT 05:28 2017 Sunday ,26 November

Gas exporters call for 'fair price'

GMT 10:51 2018 Tuesday ,11 December

Cloudy weather with rain showers forecast Tuesday

GMT 20:00 2017 Monday ,25 September

Tourism minister leaves for France to attend Top Resa

GMT 22:07 2017 Tuesday ,02 May

UAE soldier martyred in Yemen

GMT 00:25 2017 Sunday ,10 September

Philippines Sees the Bloodiest

GMT 20:21 2017 Wednesday ,08 November

Ambassador Aizaz Chaudhry met members of Congress in US

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 18:16 2017 Monday ,25 December

Sharjah Ruler issues Emiri Decree on SGMB functions

GMT 13:16 2017 Sunday ,15 October

Qatari sheikh says assets frozen over Gulf crisis

GMT 12:50 2017 Saturday ,11 November

ICC prosecutor calls for Afghanistan war crimes probe

GMT 13:28 2012 Friday ,17 February

NYT\'s Anthony Shadid dies in Syria

GMT 16:44 2017 Friday ,01 September

Al-Bashir to partake in OIC Summit in Kazakhstan
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday