Villain no 6d – Diversity is not a magic wand
A few quick words, about the challenges inherent in assessing the benefits of diversity too superficially. It clearly does have some benefits, but it’s not a Magic Wand.
A few quick words, about the challenges inherent in assessing the benefits of diversity too superficially. It clearly does have some benefits, but it’s not a Magic Wand.
Last week saw more in a growing series of exits, and asset write-downs, amongst new entrants in the supply of renewable energy within the NEM. Today on WattClarity I ponder whether we have been setting them up to fail due to the nature of support provided to these new entrants. What is your perspective?
A note of caution, that Demand Response is not a magic wand – it *can* achieve a lot, but if can’t be assumed to automatically appear to bridge any gap between supply and demand in a market model, for instance.
One more example of not focusing on the real problems seems to be a tendency for some to obsess about one narrow type of Demand Response (i.e. dispatch of NegaWatts) whilst seeming to lose focus of what the overall objective is (a more active and responsive demand side).
Some thoughts (triggered by the latest wave of focus on “cost” on social media this week) about why we need to rapidly shift our focus to what customers “value” and the market needs.
We’ve noted what seems to be an increasing tendency of all of us to reach for some form of “magic wand” as a cure-all for the vexed challenges confronting us in this energy transition.
Fifteen months after first speaking at Clean Energy Summit about the train wreck that’s ongoing in terms of our mismanaged energy transition (and coincident with another industry gathering in the form of the AFR National Energy Summit), we note about Villain no5 as the next contributor to our transition running off the rails…
A year after I first spoke about “Villains” playing a role in the train wreck of our energy transition, I’ve finally found some time to post about Villain #4.
It seems to us that the people at either extreme of the Emotion-o-meter are causing this energy transition to see-saw off the tracks. For this reason they are Villain #3.
My sense is that we, the voting public, are Villains #2 in running the energy transition train off the tracks.
First up in our listing of Villains in relation to the unfolding energy crisis are, of course, our political leaders – State and Federal, past, present and prospective.
A multi-layered energy crisis is upon us. I’ve identified 10 “root causes” (or “villains”) that have each played key roles in the way in which our energy transition has run off the rails.