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News and analysis for the clean energy economy
Updated: 57 min 38 sec ago

The capacity investment scheme and 2024 ISP: Coal and gas get a hammering

Fri, 2023-12-15 11:31

It's been a big year for the energy transition, but it's ending on a good note, with the newly released draft 2024 ISP, the expanded Capacity Investment Scheme, and steady progress at COP 28.

The post The capacity investment scheme and 2024 ISP: Coal and gas get a hammering appeared first on RenewEconomy.

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German nuclear plant to be replaced by Europe’s biggest battery

Fri, 2023-12-15 09:32

Shuttered German nuclear plant could be replaced by Europe's biggest battery under proposal from site owners.

The post German nuclear plant to be replaced by Europe’s biggest battery appeared first on RenewEconomy.

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Victoria adds more sweeteners to get households off gas and electrify their homes

Fri, 2023-12-15 08:25

Induction CookingVictoria expands incentives to move away from gas, to now all the major gas appliances that households commonly use.

The post Victoria adds more sweeteners to get households off gas and electrify their homes appeared first on RenewEconomy.

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Households to take centre stage on grid with solar, EVs, heat pumps and electric cooktops

Fri, 2023-12-15 06:56

Australian households and their consumer energy resources – rooftop solar, electric cars, heat pumps, and electric cooktops – will play a critical and central role in the accelerating green energy transition.

The post Households to take centre stage on grid with solar, EVs, heat pumps and electric cooktops appeared first on RenewEconomy.

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State energy ministers give themselves power to force coal generators to stay open

Thu, 2023-12-14 23:30

CSIRO_ScienceImage_9227_Eraring_Power_StationState energy ministers give themselves power to force coal generators to stay open if a fast-tracked closure puts grid reliability at risk.

The post State energy ministers give themselves power to force coal generators to stay open appeared first on RenewEconomy.

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Australia could be at 99 pct renewables by 2032, if green exports take off as hoped

Thu, 2023-12-14 23:08

The green export scenario - the basis of the hope that Australian can be a renewable superpower - suggests the grid could reach 99 per cent renewables within a decade.

The post Australia could be at 99 pct renewables by 2032, if green exports take off as hoped appeared first on RenewEconomy.

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AEMO’s jaw dropping prediction for coal power – all but gone from the grid in a decade

Thu, 2023-12-14 23:01

AEMO's new planning blueprint says coal will exit five years early, households will play key role with rooftop PV, EVs and electric homes, but rollout of large scale wind and solar needs to quicken.

The post AEMO’s jaw dropping prediction for coal power – all but gone from the grid in a decade appeared first on RenewEconomy.

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COP28 deal suggests days of fossil fuels are numbered – but climate catastrophe is not yet averted

Thu, 2023-12-14 13:55

The overriding question the world now faces is whether the broad commitments nations agreed to are enough as climate change gathers pace. The answer, alarmingly, is no.

The post COP28 deal suggests days of fossil fuels are numbered – but climate catastrophe is not yet averted appeared first on RenewEconomy.

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The COP28 climate agreement is a step backwards on fossil fuels

Thu, 2023-12-14 13:27

oil pumpCountries agreed to ‘transition away’ from fossil fuels, but oil and gas firms are ramping up production.

The post The COP28 climate agreement is a step backwards on fossil fuels appeared first on RenewEconomy.

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“Read the text:” Bowen’s warning to fossil fuel industry as COP finally embraces transition

Thu, 2023-12-14 13:23

Bowen says COP28 agreement is a "big deal", with a clear warning to fossil fuels that the world is committed to transition to clean energy. But will it be quick enough?

The post “Read the text:” Bowen’s warning to fossil fuel industry as COP finally embraces transition appeared first on RenewEconomy.

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Hills of Gold: Contested New England wind farm wins planning approval

Thu, 2023-12-14 10:58

One of the most contested wind projects in NSW wins planning approval from department, just the second wind project in five years in the state. But it still has another hurdle to jump.

The post Hills of Gold: Contested New England wind farm wins planning approval appeared first on RenewEconomy.

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AEMO says more gas needed in W.A. to cover coal exits and electrification, but maybe not

Thu, 2023-12-14 07:39

AEMO says more gas power might be needed to cover early coal closures, but predicts longer term decline as wind, solar and storage over growing demand for electrification.

The post AEMO says more gas needed in W.A. to cover coal exits and electrification, but maybe not appeared first on RenewEconomy.

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No space for Eraring, but Bowen will need more wind and solar to meet 2030 target

Wed, 2023-12-13 23:10

IEEFA report says first round of CIS battery projects will leave no space for Eraring, but Chris Bowen will need a lot more wind and solar than he is planning now to reach his 82 pct renewables target.

The post No space for Eraring, but Bowen will need more wind and solar to meet 2030 target appeared first on RenewEconomy.

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“A decade is far too long:” Major investors slam planning delays in NSW

Wed, 2023-12-13 23:05

rye park wind tiltClean energy investors slam delays for renewable and storage projects in NSW, noting that the only wind farm approved in the last five years took nearly a decade to get over the line.

The post “A decade is far too long:” Major investors slam planning delays in NSW appeared first on RenewEconomy.

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Telstra signs up new Bundaberg solar farm to take it to 100% renewable mark

Wed, 2023-12-13 23:01

emerald solar farm image telstraTelstra signs PPA for new solar farm in Queensland to take its total renewable contracts to the equivalent of all its annual electricity consumption.

The post Telstra signs up new Bundaberg solar farm to take it to 100% renewable mark appeared first on RenewEconomy.

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All over bar the shouting: Fossil fuels finally named and shamed by COP as climate culprit

Wed, 2023-12-13 20:26

Western Australia's Albany Wind Farm.Astonishingly, in the 30 year history of the UN COP climate negotiations, renewables have never gotten a mention. Now they are acknowledged as central to the switch from fossil fuels.

The post All over bar the shouting: Fossil fuels finally named and shamed by COP as climate culprit appeared first on RenewEconomy.

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UNSW says hidden weaknesses in new solar cell technologies risk slump in efficiency

Wed, 2023-12-13 17:42

Mistakes and even a change of material supplier can create tiny flaws which could cause problems years down the track, according to a new study from UNSW into new solar cell technologies.

The post UNSW says hidden weaknesses in new solar cell technologies risk slump in efficiency appeared first on RenewEconomy.

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Cop28 squibs on fossil fuel phase out, but calls for quick transition

Wed, 2023-12-13 14:09

Latest COP28 text squibs on phase out of fossil fuels, mentioning only "unabated" coal but falling short on gas and oil as the petrol-states hold court.

The post Cop28 squibs on fossil fuel phase out, but calls for quick transition appeared first on RenewEconomy.

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The year of big battery storage, but wind and solar approvals at eight year low in 2023

Wed, 2023-12-13 13:54

2023 has been the year of battery storage, with record construction starts, but wind and solar approvals have hit an eight year low, putting the renewable energy target at risk.

The post The year of big battery storage, but wind and solar approvals at eight year low in 2023 appeared first on RenewEconomy.

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Tasmania’s first solar farm to host 2000 sheep as agrisolar takes off

Wed, 2023-12-13 13:17

The Connorville solar project, hosted on one of Tasmania's most famous farms, has been designed with sheep grazing as a key requirement.

The post Tasmania’s first solar farm to host 2000 sheep as agrisolar takes off appeared first on RenewEconomy.

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