Anything new: first they laugh at you then they fear you then they fight you then they accept you
NSW and WA in particular have to figure out how to put lipstick on their power station pigs so they can be sold for top dollar before grid parity (first at user end then at utility generator end) devalues the utility scale plants.
The Federal gov will put an end date on this pig painting game through the Clean Energy Authority (or whatever it is called) that comes on line in 2013. Even before then COAG may decide to recommend (with inducements or whips) that state-based retailers take all available residential excess power at 1:1 feed in tariff with their matching grid supply tariff. The Feds are almost sure to move this way to keep the support of the Greens/concerned citizens who will be essential to their next election win.
GOE Price at posting:
7.2¢ Sentiment: Hold Disclosure: Held
