Beyond Zero Emissions welcomes the establishment of the Australian Renewable Energy Agency (ARENA) and Clean Energy Finance Corporation (CEFC).
The Greens have been successful in striking forest burning out of the definition of renewable energy but have failed to negotiate the end to the practice of hybrid gas/solar plants. Without clarifying what constitutes ‘clean energy’, Australia risks wasting billions of scarce renewable energy investment dollars on unnecessary and polluting gas/solar hybrid power plants.
All solar thermal plants to be built in Australia with support from ARENA and the CEFC's $10 billion funding pool must include molten salt thermal storage configured in a 6-10 hour storage peaking arrangement or in a full 15-17 hour baseload configuration.
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