Political Turmoil for Renewables in Australia and Spain

Energy Gang

Wood Mackenzie

Tech News, Environment, Sustainability, Innovation, Renewable Energy, Technology, Alternative Energy, Energy, News, Cleantech, Wind Energy, Business, Climate Change, Solar Energy

4.6 • 1.3K Ratings

🗓️ 15 July 2015

⏱️ 51 minutes

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Summary

Two countries with some of the richest renewable energy resources in the world – Australia and Spain – are also two of the most hostile to the industry’s growth. Last week, Australia abruptly changed its national policies for renewables, upsetting project development plans. And in June, Spain proposed yet another tax on storage systems to discourage self-consumption. In this episode, we’ll talk about the turmoil and Australia and Spain, and look at the consequences for politicians and the renewable energy industry. We’ll finish up by debunking a new report from the Taxpayer’s Protection Alliance claiming that the solar industry is causing a bubble similar to the housing bubble that caused the 2008 financial crisis. The Energy Gang is produced by Greentechmedia.com. The show features weekly discussions between energy futurist Jigar Shah, energy policy expert Katherine Hamilton and Greentech Media Editor Stephen Lacey. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	For the week of July 15th, 2015,acy, a senior editor with Green Tech Media.
0:20.0	Hello, welcome to the show. Thanks for joining us. This week we are talking about Spain's proposed tax on battery storage systems.
0:28.5	The Australian government's decision to stop financing wind and solar and a ridiculous new report warning that solar is going to cause another financial crisis.
0:37.0	Despite the controversial nature of these topics, there's a certain quiet on the show this week.
0:42.0	It's the first time, I think, since January, that we haven't
0:46.0	had any guest join us. So I turn to my two regular co-hosts who are with me every week,
0:52.0	Catherine Hamilton and Jigger Shaw.
0:54.0	Catherine's a partner with 38 North Solutions here in D.C.
0:57.0	How is your fourth?
0:58.0	What's new?
0:59.0	It was great.
1:00.0	I was just this week in Jigger's neck of the woods I had to give a 7 a.m. I was on a 7 a.m.
1:06.0	panel on Monday morning at Nairuk. It's like one of those graveyard chefs but it was
1:11.1	pretty nice in New York that day. I got to eat lunch in Bryant Park so
1:14.0	Jigger you've had a nice week huh? I have and I definitely know the neighborhood
1:19.1	people are in town I'm getting a lot of emails from commissioners.
1:22.4	Wait why is Jigger having a particularly nice I'm getting a lot of emails from commissioners.
1:23.0	Wait, why is Jigger having a particularly nice week?
1:26.0	Because the weather's nice in New York.
1:28.0	Yeah, it's beautiful.
1:29.2	It's pretty nice here, too.
1:30.9	Jigger's the president of Generate Capital, of course, there in New York City.
	...

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