NSW will launch solar feed-in tariff for surplus electricity
Carmel Tebbutt, NSW Environment Minister has announced that the government will introduce a feed-in tariff, to encourage people to take up solar power, paying for unused electricity householders put into the grid.
The details of the tariff will be reported early next year, after a government taskforce has researched and examined different types and rates of tariffs.
The big question is - will NSW adopt a net or gross feed-in tariff? If a net tariff is adopted, householder are paid above the market rate for electricity feed back into the grid. Whereas, with a gross tariff, the subsidy is paid for all power generated from their solar panels.
The taskforce will also advise the government on other issues to be addressed: the type of renewables available, emerging technologies, and possible harmonisation with other states.
The scheme is expected to be implemented by mid-2009.
Startup secures patent for energy storage technology
Australian startup Allegro Energy has been granted a US patent for its modular micro-emulsion...
New partnership to produce renewable hydrogen derivatives
Climate Impact Corporation has announced its memorandum of understanding with Topsoe to...
Low-carbon liquid fuels industry gets funding boost
The Australian Government is providing $250 million to accelerate the pace of the...
