‘Market has evaporated’, says CEO of construction giant Downer after announcing group behind some of the country’s largest PV projects will no longer take on new solar contracts.
Clean Energy Council urges ministers meeting for COAG Energy Council this week to ease grid access and harmonise state clean energy targets and schemes.
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.
Industry body: Urgent review needed for marginal loss factor system causing “unpredictable hits” to the financial viability of PV and others.