China as a Boon for Australia Australia has seen its economy boom over the last 10 years, thanks to the voracious appetite for commodities from China. The growth in the minerals and mining sector has led to sharp GDP growth in the country which also managed to escape the global financial crisis in 2008. China […]
Solar Power vs. Electricity in Australia Australia has one of the highest penetration of residential solar systems in the world, thanks to generous subsides given by the state and the federal Governments. Unlike other parts of the world where solar installations have started with large solar farms; residential rooftop installations have powered Solar Energy in […]
Energy Efficiency Rankings In an unsurprising ranking by International Energy Efficiency Scorecard developed by ACEEE, US and Canada have bottom ranks in Energy Efficiency along with other climate change skeptics like Russia and Australia. The Europeans led by UK, Germany along with Japan get high rankings in Energy Efficiency. Note Canada has been amongst the […]
India recently introduced the Renewable Energy Certificate Scheme to promote the use of Green Energy in India through a market based pricing mechanism. Other cleantech subsidies are being gradually reduced in favor of this single unified market process. In Wind Energy, the use of accelerated depreciation and GBI has been cancelled this year. REC Trading […]