EUROPE’s largest generator of renewable energy is to unveil a new Scottish HQ in the heart of Glasgow. Norwegian utility Statkraft, which has 3,600 employees in 16 countries, will take up residence in West Regent Street next week. Paul Wheelhouse MSP, the Scottish Government’s Minister for Energy, Connectivity and the Islands will officially open the office with Claire Mack, the chief executive of Scottish Renewables.
Herald 20th Sept 2019 read more »
The federal Coalition government is fond of telling us that switching to renewables will be the death of the economy, and cause electricity prices to go into orbit. But it doesn’t have to look very far to see how successful a well-thought out renewables scheme can be. In less than two weeks, the Australian Capital Territory, the seat of Australia’s federal parliament, will reach its target of sourcing the equivalent of 100 per cent of its electricity needs from renewable energy. Not only has it demonstrated that the target is doable, it has proved to be a lot less expensive than anyone thought. One of the greatest successes of the ACT scheme is that in achieving the 100% target, the ACT has been able to use policy mechanisms that will also shield ACT consumers from rising wholesale electricity prices. For the first three months of this year, the ACT government has been able to save Canberra households money through the contracts it has in place with renewable energy projects. In effect, the ACT has not just gone green, it has shielded its population from the absurd rises in electricity prices caused by the lack of any coherent policy from the federal government. The ACT secured its supply of 100% renewable electricity by pioneering the use of innovative contracts-for-difference arrangements with multiple solar and wind projects.
Renew Economy 20th Sept 2019 read more »