Daily update: Will smart meters follow poles and wires as new white elephant?
Renew Economy editor@reneweconomy.com.au via mail77.atl71.mcdlv.net
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Smart wires to follow poles and wires as new white elephant?; Last hurrah for nuclear?; AGL targeted in protests; CSIRO appoints cleantech venture as new CEO; VIC council joins fossil fuel divestment movement; Business leaders want stronger climate action; Boundary Dam CCS a success story?; IEA marks energy efficiency as world’s first fuel; and SolarCity on solar power plus energy storage – don’t leave the grid.
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The utility industry is making a big push for smart meters to be rolled out across the country, partly because it hopes this will enable them to lock in customers, and help introduce flexible tariffs. But smart innovators are literally blowing Raspberries at these best laid plans, with new technologies that allow consumers to control their home systems.
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Costs for Hinkley nuclear reactor jump 50% to $45bln, as EC approves subsidies and FT describes it as last hurrah for industry. Meanwhile, UK plans to end subsidies for solar by 2020.
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More than 60 protesters target AGL’s Sydney HQ over its efforts to scrap the RET, investments in coal, and gas fracking plans for NSW.
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Physicist turned MD of venture capital firm Southern Cross Partners, Dr Larry Marshall, will be the new CEO of the CSIRO in 2015.
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City of Moreland becomes Victoria’s first local govt to rule out fossil fuel investment, Australia’s first to break from banks who fund fossil projects.
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National survey finds Australian business community wants steeper emissions reduction targets, and connects economic health to low-carbon adaptation.
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Despite all the backslapping, the Boundary Dam plant illustrates the huge challenges that CCS faces in progressing any further.
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IEA estimates global energy efficiency market to be worth at least $310 billion annually.
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SolarCity is coupling Tesla’s battery-based energy storage hardware with its rooftop solar systems.
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