Some Good/Some Not So Good
First The Good News
Giles Parkinson & Sophie Vorrath | Reneweconomy.com.au -- "South Australia sets 50% renewable energy target for 2025-- .. up from the 33 per cent target that it has already met, six years ahead of scheduled date of 2020... South Australia will only meet its target if the Federal Government maintains the current Renewable Energy Target Scheme arrangements."
Now The No So Good News
The Commonwealth of Australia is made up of six states. South Australia (SA) is only one of them.
Australia's Prime Minister, Tony Abbott addressing the U.N. climate summit on Tuesday indicated he's not too peachy keen nor entirely onboard with 'South Australia'. According to the article, "The green paper – as we outlined on Tuesday – is almost entirely focused on the ability of the fossil fuel industry to extract coal and gas."
Sounds similar to what goes on between states and the federal government here in this country. Some states have greater economic priorities when it comes to fossilized fuels then others.
While I was researching Reneweconomy.com.au ..
I came across this. Can energy utilities keep their customers, or will they flee the grid?.
It went on to say, "Now that the cost of delivery of that electricity has risen so high, and cheaper alternatives are emerging, will the so-called “democratisation of energy” cause a fatal blow to the incumbent’s business model?"
Regarding that. Here's something to think about. It costs oodles of money to maintain a untold number of electric poles, transformers, generators and wires. As customers start to trickle off the grid, via individual alternative devices, potentially huge amounts of electrical energy income could be lost. Thus while costing electrical utility companies the same to maintain while they would be receiving less in return. Not a very good scenario for future profits.
Another issue to consider is huge costs associated with restoring power in severe storms Not only do utility companies have to bring in linemen from out of state to work overtime, pay for their expenses but all the while losing sales of electricity the entire time that the lines were knocked out.
A Better Idea
Forward looking electric companies might consider turning some profit by installing and leasing solar units to their customers. There a few advantages to this.
Less generators, less need for new substations and all the other stuff I mentioned requires less direct employees. Also less lawyers that tend to piss people off when wanting more lines. That too requires a public relations effort larger then it would have to be.