Microgeneration
Tonight’s Catalyst had an interesting segment on microgeneration - essentially the generation of power by individuals and communities to meet their own needs.
It’s a great idea (and certainly not new), however the cost of the PV cells, wind turbines etc is prohibitive for most; consequently the take-up in Australia is pathetically small. The show discussed one strategy which is already working in several countries (notably Germany) - a ‘feed in’ tarrif.
The concept is simple; people are paid considerably more for contributing their excess power to the grid than other people are charged for this same electricity. This payment encourages a much more rapid take-up of microgeneration. Definitely a benefit for everyone.
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