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News and analysis for the clean energy economy
Updated: 2 hours 26 min ago

South Australia takes another bold leap into deep green energy future

Wed, 2023-10-25 07:24

South Australia is leading the world on the integration of wind and solar. Now, it's about to take an even bolder leap into a deep green energy future through its hydrogen jobs plan.

The post South Australia takes another bold leap into deep green energy future appeared first on RenewEconomy.

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Australia issued “stark warning” by IEA as fossil fuel demand tipped to plummet by 2030

Tue, 2023-10-24 20:10

Busy highwayIEA, for first time, says demand for oil, gas and coal will all peak by 2030, but must fall sharply before then if agreed climate targets are to be met.

The post Australia issued “stark warning” by IEA as fossil fuel demand tipped to plummet by 2030 appeared first on RenewEconomy.

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Wind and solar smash records as renewables reach new peak of 72.5 pct on main grid

Tue, 2023-10-24 19:48

Wind and solar deliver more than 70 pct of generation on main grid for first time, as the share of renewables hits a new instantaneous peak of 72.5 pct.

The post Wind and solar smash records as renewables reach new peak of 72.5 pct on main grid appeared first on RenewEconomy.

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Big batteries and demand response dominate new very fast frequency control market

Tue, 2023-10-24 18:20

Australia has a new energy market - for very fast frequency control - that has attracted huge interest from flexible technologies such as battery storage and demand response.

The post Big batteries and demand response dominate new very fast frequency control market appeared first on RenewEconomy.

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Cutting off solar isn’t the answer: There are smarter alternatives

Tue, 2023-10-24 17:16

Australia is pursuing standards and compliance for rooftop solar PV inverters that will allow centralised control by AEMO and network operators. There are smarter and more equitable solutions.

The post Cutting off solar isn’t the answer: There are smarter alternatives appeared first on RenewEconomy.

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Companies can speed up the energy transition. We should let them

Tue, 2023-10-24 15:00

rye park wind tiltThere is an easy federal government fix that would allow companies to play a bigger role in renewables growth. But time is running out to take it up.

The post Companies can speed up the energy transition. We should let them appeared first on RenewEconomy.

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CleanCo lines up another major wind farm as Queensland pushes renewable legislation

Tue, 2023-10-24 14:28

Vestas wind turbines and RES dulacca wind farm qldCleanCo takes stake in up to 372MW wind farm in central Queensland as the state government introduces legislation to enshrine its renewable targets into law.

The post CleanCo lines up another major wind farm as Queensland pushes renewable legislation appeared first on RenewEconomy.

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Secrets of success revealed in NSW wind, solar and eight hour battery bids

Tue, 2023-10-24 11:51

New England solar farm NSW Acen AustraliaWinning bids in first generation tender in NSW were pitched at little more than half their levellised cost of energy, while the battery project promised a lot more storage.

The post Secrets of success revealed in NSW wind, solar and eight hour battery bids appeared first on RenewEconomy.

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Truth behind Snowy 2.0 cost blowout buried with Florence, Senate Estimates hears

Tue, 2023-10-24 11:47

The Snowy 2.0 reset report has been comprehensively redacted, offering little insight into the project's doubling of costs.

The post Truth behind Snowy 2.0 cost blowout buried with Florence, Senate Estimates hears appeared first on RenewEconomy.

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New offshore wind zone mapped out off north coast of Tasmania

Tue, 2023-10-24 11:45

Federal government opens consultation on Australia’s fifth offshore wind energy development zone, off the north coast of Tasmania in the Bass Strait.

The post New offshore wind zone mapped out off north coast of Tasmania appeared first on RenewEconomy.

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Australian solar projects face insurance crisis as climate impacts take hold

Tue, 2023-10-24 06:41

Some solar projects haven't been able to get the kind of insurance coverage they've wanted, particularly in regions seen to be more affected by hail storms. 

The post Australian solar projects face insurance crisis as climate impacts take hold appeared first on RenewEconomy.

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Chinese wind giant unveils plan for world’s biggest 22MW offshore turbine

Mon, 2023-10-23 21:45

Chinese wind manufacturer shows little interest in slowing down the race for ever bigger offshore turbines, unveiling plans for a 22MW model.

The post Chinese wind giant unveils plan for world’s biggest 22MW offshore turbine appeared first on RenewEconomy.

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Gentailers will be more like insurance providers in future as household sales dry up

Mon, 2023-10-23 17:00

If AEMO is right, gentailers won't be supplying energy to households much at all by the mid-2040s. They need to find new business models.

The post Gentailers will be more like insurance providers in future as household sales dry up appeared first on RenewEconomy.

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Australia’s electricity market “most volatile” in world, as clunky coal clashes with solar

Mon, 2023-10-23 15:00

Coal power outages, extreme weather, and abundant solar are combining to make Australia’s electricity market the most volatile in the world, new research finds.

The post Australia’s electricity market “most volatile” in world, as clunky coal clashes with solar appeared first on RenewEconomy.

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Australia’s main grid averages more than 50 pct renewables over 24 hours for first time

Mon, 2023-10-23 14:15

Renewables accounted for more than 50 per cent of generation over a 24 hour period on Australia's main grid for the first time this past weekend.

The post Australia’s main grid averages more than 50 pct renewables over 24 hours for first time appeared first on RenewEconomy.

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Rio Tinto signs First Nations power deal for solar, wind and battery projects

Mon, 2023-10-23 13:20

The deal comes as Rio Tinto deals with the fallout from damage caused to another heritage site.

The post Rio Tinto signs First Nations power deal for solar, wind and battery projects appeared first on RenewEconomy.

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“Rollout rage:” The environment-vs-climate battle dividing regional Australia

Mon, 2023-10-23 13:15

tractor protest transmission windNet zero, nature protection and “rollout rage” feel like a toxic mix. Yet we have to find a quick way to deliver renewables projects we urgently need.

The post “Rollout rage:” The environment-vs-climate battle dividing regional Australia appeared first on RenewEconomy.

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Energy Insiders Podcast: South Australia’s big move into green hydrogen

Mon, 2023-10-23 10:54

Energy Insiders podcastState energy minister Tom Koutsantonis discusses green hydrogen plan, filling the "gap" on renewables, transmission, storage and prices.

The post Energy Insiders Podcast: South Australia’s big move into green hydrogen appeared first on RenewEconomy.

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South Australia potential wind and solar reaches record 264 pct of demand on Saturday

Sun, 2023-10-22 23:04

South Australia reaches another landmark in the transition to renewables, setting a new record for "potential" wind and solar - a stunning 264 pct of state electricity demand.

The post South Australia potential wind and solar reaches record 264 pct of demand on Saturday appeared first on RenewEconomy.

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Solar behind big price falls as grid demand and coal power pushed to record lows

Sun, 2023-10-22 23:01

The growth in renewables over the past year has had a major impact on Australia’s main electricity grid, with wholesale prices tumbling from their 2022 peaks, and grid demand and coal output sent to record lows, according to the latest update from the Australian Energy Market Operator. The latest Quarterly Energy Dynamics report published by […]

The post Solar behind big price falls as grid demand and coal power pushed to record lows appeared first on RenewEconomy.

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