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Old and new energy react warmly to Bowen’s underwriting plan – but some still want gas

RenewEconomy - Thu, 2023-11-23 14:49

wind turbine in construction clarke creek wind farm Squadron EnergyEnergy industry reacts warmly to Bowen's huge underwriting plans, although there are still questions about transmission, social licence and households. And some still want gas.

The post Old and new energy react warmly to Bowen’s underwriting plan – but some still want gas appeared first on RenewEconomy.

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AGL to trial tool to manage flexible energy loads at airport, supermarkets and warehouse

RenewEconomy - Thu, 2023-11-23 14:31

Arena announces $864,000 in funding for AGL to develop and trial a forecasting tool to help industry to supply dynamic load flexing in the network.

The post AGL to trial tool to manage flexible energy loads at airport, supermarkets and warehouse appeared first on RenewEconomy.

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Australia’s “second most advanced” offshore wind farm gets major boost

RenewEconomy - Thu, 2023-11-23 14:25

offshore wind turbinesFlotation Energy’s 1.5GW Seadragon offshore wind project, proposed for Gippsland waters, awarded major project status by the federal government.

The post Australia’s “second most advanced” offshore wind farm gets major boost appeared first on RenewEconomy.

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UK battery developer unveils biggest SA project and “multi-gigawatt” Australia plans

RenewEconomy - Thu, 2023-11-23 14:23

pacific green render limestone coast energy projectPacific Green unveils plans for South Australia's biggest battery, a 1.5GWh project that could be trumped by an even bigger project in Victoria.

The post UK battery developer unveils biggest SA project and “multi-gigawatt” Australia plans appeared first on RenewEconomy.

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Origin delays vote to consider revised Brookfield bid – and Bowen’s auction plans

RenewEconomy - Thu, 2023-11-23 14:11

Origin Energy CEO Frank Calabria (AAP Image/Dean Lewins)Origin confirms Brookfield bid doomed, but delays meeting to consider revised bid and the federal government's massive renewable energy news.

The post Origin delays vote to consider revised Brookfield bid – and Bowen’s auction plans appeared first on RenewEconomy.

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Philippines government to announce investment areas for green and blue carbon

Carbon Pulse - Thu, 2023-11-23 13:48
The Philippines is set to announce priority investment areas for green and blue carbon projects as the country seeks to explore the potential of nature-based carbon sinks, with 1 million hectares of classified government forest land to be opened up for investments in Q1 next year, local media reported.
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COP28 ‘moment of truth’ for oil industry, says energy boss

BBC - Thu, 2023-11-23 13:41
The International Energy Agency says the sector must choose between worsening the climate crisis or helping solve it.
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Blue whales: Ocean giants return to 'safe' tropical haven

BBC - Thu, 2023-11-23 12:45
A year-long study finds the animals are back in the Seychelles where they were hunted in the 1960s.
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CP Daily: Wednesday November 22, 2023

Carbon Pulse - Thu, 2023-11-23 12:35
A daily summary of our news plus bite-sized updates from around the world.
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Our new high-resolution climate models are a breakthrough in understanding Australia's future

The Conversation - Thu, 2023-11-23 11:19
Global climate models don’t let us zoom in on the fine details. A new set of high-resolution climate models for Australia is solving this problem. Ralph Trancoso, Adjunct Associate Professor in Climate Change, The University of Queensland Jozef Syktus, Professorial Research Fellow, School of the Environment, The University of Queensland Sarah Chapman, Visiting Research Fellow, University of Leeds Licensed as Creative Commons – attribution, no derivatives.
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Bowen has put a rocket under big renewables. Small-scale market must be next

RenewEconomy - Thu, 2023-11-23 10:47

This is exactly the kind of bold policy needed to rapidly transform Australia’s energy market while ensuring reliability and affordability. Can we apply it to consumer energy, too?

The post Bowen has put a rocket under big renewables. Small-scale market must be next appeared first on RenewEconomy.

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New Zealand voluntary carbon certification scheme to stop accepting NZUs

Carbon Pulse - Thu, 2023-11-23 10:15
A New Zealand voluntary carbon certification and advisory service provider will transition out of accepting government-issued NZUs in its programmes, because they are not as rigorously assessed as those submitted to the Integrity Council for Voluntary Carbon Markets (ICVCM), it announced Thursday.
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NSW minerals lobby advertising blitz doesn’t come clean on the dirty realities of coal mining | Temperature Check

The Guardian - Thu, 2023-11-23 09:56

NSW Minerals Council says that campaign aims to educate the public – but its claims of responsible, low-emissions coal mining don’t stack up

“Because in New South Wales, we mine responsibly. For today and tomorrow,” comes the proud declaration at the end of an advert from the state’s mining lobby.

The advertisement from the NSW Minerals Council, seen on streaming services including SBS, features four people wearing the logos of the majority Chinese-owned company Yancoal.

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California offset issuance declines as DEBs’ spread widens amid supply constraints

Carbon Pulse - Thu, 2023-11-23 09:46
California regulator ARB slashed its compliance offset issuances by almost half in comparison to its prior distribution, state data published Wednesday showed, while premiums for units tagged with direct environmental benefits to the state (DEB) surpassed previous records.
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How to ensure Bowen’s underwriting scheme doesn’t create another Snowy 2.0 debacle

RenewEconomy - Thu, 2023-11-23 09:35

Federal Labor's move to underwrite 32GW of renewables and storage is nothing short revolutionary. But abandoning market-based mechanisms carries its own serious risks.

The post How to ensure Bowen’s underwriting scheme doesn’t create another Snowy 2.0 debacle appeared first on RenewEconomy.

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Australia announces major expansion to renewable energy auction scheme to turbocharge investment

Carbon Pulse - Thu, 2023-11-23 08:45
The Australian government will expand its capacity investment scheme (CIS) to secure 32 GW of new wind, solar, and storage output, in a major gear shift to meet its 82% renewable energy target by 2030.
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Pharma giant, nutrition firm launch regenerative programme in Brazil

Carbon Pulse - Thu, 2023-11-23 08:30
A pharmaceutical and biotech giant as well as a nutrition company launched a regenerative agriculture programme to improve soil health and productivity in Brazil on the same day Brazilian President Lula da Silva is expected to announce the country's restorative pastureland policy.
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Chinchilla big battery connects to the grid near Australia’s biggest coal unit

RenewEconomy - Thu, 2023-11-23 08:07

One of a suite of new big batteries to soon join the grid in Queensland has been registered and officially connected, with work on commissioning to start soon.

The post Chinchilla big battery connects to the grid near Australia’s biggest coal unit appeared first on RenewEconomy.

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NSW just got three huge batteries for next to nothing – time now to dump Coalkeeper 2.0

RenewEconomy - Thu, 2023-11-23 07:55

CSIRO_ScienceImage_9227_Eraring_Power_StationNSW will get three big new batteries at little or no cost to consumers. It's been urged to go out and get more, and end the costly idea of paying to keep the Eraring coal generator open.

The post NSW just got three huge batteries for next to nothing – time now to dump Coalkeeper 2.0 appeared first on RenewEconomy.

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ANALYSIS: EU’s embattled petrochemicals sector seeks out low-carbon funding

Carbon Pulse - Thu, 2023-11-23 07:09
The EU’s petrochemicals sector faces a fight for survival amid persistently high energy and carbon costs, though some firms are planning for the long-haul by tapping the ETS-financed Innovation Fund as a key source of support.
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