Synopsis
The fundamental shift that has taken place in environmental policies since 2007 will have a huge effect on the utilities market. Energy policies that were developed prior to this now need to be considered in relation to the new climate change and environmental realities – and for the ICT and energy industries this will involve checking government initiatives such as smart meters and national fibre telecoms networks against the new directions. Australian state government incentives saw Australia’s uptake rate of PV systems increase from 1% to 5% of households. This was the fastest residential growth ever recorded in the world and Australia is now an international leader in this segment. However a lack of integrated energy and sustainability policies saw the scrapping of the incentive schemes that generated this growth.
Such on-and-off policies are, of course, not conducive to building sustainable economic models going forward. It is becoming increasingly clear that smart infrastructure is needed for a range of energy efficiency and clean energy initiatives and the government needs to start formulating a far more integrated policy – one that brings all of these separate developments together within one national blueprint.