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AU Market: Sophisticated financial instruments gaining traction in ACCU market, but future exchange will drive scale, traders say
CBAM risks hampering power decarbonisation in UK and Balkan countries, energy traders say
With the Coalition’s nuclear fantasy demolished by CSIRO, Labor must get cracking on renewables
The post With the Coalition’s nuclear fantasy demolished by CSIRO, Labor must get cracking on renewables appeared first on RenewEconomy.
Critical minerals for the world – or just for the US? Turning Australia into a green minerals powerhouse comes with risks
Corporate welfare may keep the lights on. But backing Eraring power station will have other costs for the NSW government | Peter Hannam
Propping up Australia’s largest coal-fired power station could deter investments in renewable energy or batteries. And might other operators now coming begging?
The New South Wales government has bought itself an insurance policy worth as much as $450m to keep open a power station it couldn’t afford to have exit the grid.
But operating the 2880-megawatt Eraring plant up to four years beyond its scheduled August 2025 closure date will cost more than just the price of corporate welfare – there’s also the environmental and economic impacts to quantify.
Continue reading...Bowen says Australia could make 20 per cent of its solar panel needs
The post Bowen says Australia could make 20 per cent of its solar panel needs appeared first on RenewEconomy.
China should be seen as partner, not a threat, to Australia’s green manufacturing plans, says Sims
The post China should be seen as partner, not a threat, to Australia’s green manufacturing plans, says Sims appeared first on RenewEconomy.
Half of world’s mangrove forests are at risk due to human behaviour – study
The loss of the ecosystems, which are vast stores of carbon, would ‘be disastrous for nature and people across the globe’, says IUCN
Half of all the world’s mangrove forests are at risk of collapse, according to the first-ever expert assessment of these crucial ecosystems and carbon stores.
Human behaviour is the primary cause of their decline, according to the analysis by the International Union for Conservation of Nature (IUCN), with mangroves in southern India, Sri Lanka and the Maldives most at risk.
Continue reading...“We want to make more things here:” Albanese outlines plan to grab share of battery supply chain
The post “We want to make more things here:” Albanese outlines plan to grab share of battery supply chain appeared first on RenewEconomy.
Major Chinese papermaker eyes voluntary carbon deals in Gabon
Australia Market Roundup: NSW extends the life of country’s biggest coal-fired power station, ACCU issuance slumps
A nuclear reactor next door? It could be good news on the home front | Fiona Katauskas
Peter Dutton unveils an unusual housing policy
- See more of Fiona Katauskas’s cartoons here
Households lock in small discount on electricity as network costs eat into solar savings
The post Households lock in small discount on electricity as network costs eat into solar savings appeared first on RenewEconomy.
Eraring clunker deal may do little to keep the lights on, but it might bail out the state government
The post Eraring clunker deal may do little to keep the lights on, but it might bail out the state government appeared first on RenewEconomy.
Energy Insiders Podcast: Eraring coal extension and nuclear fantasies
The post Energy Insiders Podcast: Eraring coal extension and nuclear fantasies appeared first on RenewEconomy.
ARB offset issuance retreats from YtD highs, DEBs-tagged units pick up
Eraring coal closure delayed two years, possibly four, “to keep the lights on”
NSW secures deal to extend life of Australia's biggest coal generator by two years.
The post Eraring coal closure delayed two years, possibly four, “to keep the lights on” appeared first on RenewEconomy.
CEFC makes biggest investment yet to help “close looming gaps” in NSW grid
The post CEFC makes biggest investment yet to help “close looming gaps” in NSW grid appeared first on RenewEconomy.