The energy rulemaking body has soundly rejected loud calls from developers and investors to reform the controversial marginal loss factor regime, its system of calculating energy transmission and network losses.
Stark warning from watchdog AEMC piles new spotlight on dangers posed by country’s embattled grid, with major investor groups lobbying against revenue-crippling power loss calculations.
Australian large-scale renewables investor Lyon Group has confirmed it is selling three projects under development, totalling 800MWh of energy storage and 545MW of PV generation capacity, in Queensland, Victoria and South Australia.
The Australian Energy Market Commission (AEMC), responsible for regulating the energy market, has dropped a proposal to let power network companies charge rooftop solar owners for feeding their electricity to the grid in a form of ‘solar tax’, after facing resistance from communities.
