In this Weekly Dispatch:
- AEMC modelling suggests that network pricing reform could deliver $6 billion in system savings.
- The prime minister is deciding against a move to increase taxes on gas giants in next month’s budget.
- The government is proposing changes to capital gains tax for foreign investors, and the renewable industry is worried this will increase prices.
- The AEMC amended the calculation of the cumulative price during periods of peak market stress and introduced a new distribution network development plan to support more proactive, long-term planning.
- Biggest rooftop solar in Japan, rated at 6.0125 MW, just became operational in the Kansai region, with all its generation to be sold wholesale via the FIP scheme.
- J-POWER and Kyushu EPCO held a completion ceremony for Japan’s largest offshore wind farm to-date, the 220 MW Kita-Kyushu Hibiki-nada project, consisting of 25 Vestas turbines rated at 9.6 MW each.
- Podcast of the week: Let Me Sum Up chat about investing and business opposition to climate policy.