RenewEconomy

Subscribe to RenewEconomy feed RenewEconomy
News and analysis for the clean energy economy
Updated: 1 hour 57 min ago

Offshore wind market in turmoil, as UK auction prices out projects, US costs soar

Fri, 2023-09-08 14:11

Sheringham Shoal offshore wind farm fixed bottom equinorFresh concerns emerge over the soaring cost of building offshore wind, with reports the latest UK government renewables auction has priced projects out of contention.

The post Offshore wind market in turmoil, as UK auction prices out projects, US costs soar appeared first on RenewEconomy.

Categories: Around The Web

Solar Insiders Podcast: Australia’s CPV and low cost storage breakthrough

Fri, 2023-09-08 12:45

We talk with RayGen’s Richard Payne at the newly opened solar and storage plant in Carwarp. Plus: Consumer power to fill coal gap.

The post Solar Insiders Podcast: Australia’s CPV and low cost storage breakthrough appeared first on RenewEconomy.

Categories: Around The Web

The Australian solar tech that may have found a low cost solution to deep storage

Fri, 2023-09-08 10:11

Australian concentrated solar tech is about to get rolled out on a massive scale after latching on to a simple and low cost solution for deep storage.

The post The Australian solar tech that may have found a low cost solution to deep storage appeared first on RenewEconomy.

Categories: Around The Web

How recycling could solve the shortage of minerals essential to clean energy

Fri, 2023-09-08 08:59

By recovering critical minerals from a process known as urban mining, we could cover the demand needed for future energy installations.

The post How recycling could solve the shortage of minerals essential to clean energy appeared first on RenewEconomy.

Categories: Around The Web

Former Australian energy chiefs lead new global fund targeting solar, wind and storage

Thu, 2023-09-07 21:27

New fund led by former heads of ARENA and AEMO targets solar, wind and storage assets in Australia, and is backed by one of the world's biggest asset managers.

The post Former Australian energy chiefs lead new global fund targeting solar, wind and storage appeared first on RenewEconomy.

Categories: Around The Web

Massive solar and battery deal promises to cut commercial energy costs in half

Thu, 2023-09-07 15:08

A $500 million deal will install 50MW of solar and 300MWh of battery storage across ESR Australia's commercial property portfolio by 2033.

The post Massive solar and battery deal promises to cut commercial energy costs in half appeared first on RenewEconomy.

Categories: Around The Web

How the consumer energy sharing economy can help Eraring close on time

Thu, 2023-09-07 14:08

Consumer-owned resources like rooftop solar and battery storage have a key role to play in ushering out coal-fired power. Origin gets this better than most.

The post How the consumer energy sharing economy can help Eraring close on time appeared first on RenewEconomy.

Categories: Around The Web

“Moving beyond baseload:” NSW turns to consumers and local storage to fill Eraring gap

Thu, 2023-09-07 12:41

NSW announces $1.8 billion, including a new focus on consumer energy resources, such as neighbourhood batteries, in its Energy Security Corp.

The post “Moving beyond baseload:” NSW turns to consumers and local storage to fill Eraring gap appeared first on RenewEconomy.

Categories: Around The Web

Long or short on energy storage? A deep dive into price signals for duration

Thu, 2023-09-07 12:03

 Supplied).There are very sharp diminishing returns for longer duration storage under current market arrangements, which makes it difficult for private investors.

The post Long or short on energy storage? A deep dive into price signals for duration appeared first on RenewEconomy.

Categories: Around The Web

What imperils the Great Barrier Reef? If you ask Murdoch media, it’s a solar farm 70km away

Thu, 2023-09-07 11:54

NewEnglandSolarFarm23_5A solar farm proposed for central Queensland's Calliope renewable energy zone has found itself the subject of some bizarre news reports this week.

The post What imperils the Great Barrier Reef? If you ask Murdoch media, it’s a solar farm 70km away appeared first on RenewEconomy.

Categories: Around The Web

Sun Cable: Cannon-Brookes lays out new vision for world’s biggest solar array

Thu, 2023-09-07 11:29

sun cable 5b solar northern territory optimisedCannon-Brookes takes control of Sun Cable, and lays out new vision for 20GW solar project, including supply to Singapore and massive green industrial precinct in Darwin.

The post Sun Cable: Cannon-Brookes lays out new vision for world’s biggest solar array appeared first on RenewEconomy.

Categories: Around The Web

New solar installations to hit nearly 400GW this year as module prices hit new lows

Wed, 2023-09-06 20:36

New solar installations around the globe are expected to reach nearly 400 gigawatts (GW) in 2023, driven by China and record low prices for solar modules.

The post New solar installations to hit nearly 400GW this year as module prices hit new lows appeared first on RenewEconomy.

Categories: Around The Web

Million-tonne renewable methanol plan wins $500k in state backing

Wed, 2023-09-06 15:30

 Alcoa Australia).Victorian government kicks in $500,000 for feasibility study into developing a renewable methanol facility in Portland with huge production goals.

The post Million-tonne renewable methanol plan wins $500k in state backing appeared first on RenewEconomy.

Categories: Around The Web

Snowy 2.0 documents suggest the $12 billion project’s boring troubles are far from over

Wed, 2023-09-06 15:24

A planning application to fix Snowy 2.0 sinkhole and un-pause Florence offers insight into how the boring machine got stuck – and why more troubles could lie ahead.

The post Snowy 2.0 documents suggest the $12 billion project’s boring troubles are far from over appeared first on RenewEconomy.

Categories: Around The Web

About time: NSW hailed for finally hiking coal royalties to raise $2.7bn

Wed, 2023-09-06 15:10

NSW becomes the latest state in Australia to lift coal royalties, with minimal public pushback, and calls to push for more.

The post About time: NSW hailed for finally hiking coal royalties to raise $2.7bn appeared first on RenewEconomy.

Categories: Around The Web

Energy Insiders Podcast: Coal-keeper or Green-keeper?

Wed, 2023-09-06 14:55

Energy Insiders podcastNSW energy minister Penny Sharpe discusses Eraring closure, fast tracking renewables and consumer equity: Plus, Marinus blow out and Queensland green hydrogen plans.

The post Energy Insiders Podcast: Coal-keeper or Green-keeper? appeared first on RenewEconomy.

Categories: Around The Web

Eraring is more about bill shock and equity than lights going out: Batteries and Bowen can help

Wed, 2023-09-06 14:55

The controversy over Eraring is not really about the lights going out, but about bill shock and equity. How NSW manages this is key to the success of the switch out of coal.

The post Eraring is more about bill shock and equity than lights going out: Batteries and Bowen can help appeared first on RenewEconomy.

Categories: Around The Web

“Remarkable:” Australian wave energy pioneer wins major tender to build first unit in Spain

Wed, 2023-09-06 14:31

Carnegie Clean Energy has won a competitive tender to deploy its "born in Australia" wave power technology in waters off the coast of Spain.

The post “Remarkable:” Australian wave energy pioneer wins major tender to build first unit in Spain appeared first on RenewEconomy.

Categories: Around The Web

Marinus Link is a boondoggle – cutting it in half won’t change that

Wed, 2023-09-06 14:11

Even cut in half, Marinus will be a dead-weight, facilitating a trade in which Tasmania has no competitive advantage. Here's why.

The post Marinus Link is a boondoggle – cutting it in half won’t change that appeared first on RenewEconomy.

Categories: Around The Web

Australia’s “biggest” green hydrogen project inches closer to reality with design contract

Wed, 2023-09-06 12:48

Huge green hydrogen project in central Queensland commissions design work, with a final investment decision expected next year and first production by 2028.

The post Australia’s “biggest” green hydrogen project inches closer to reality with design contract appeared first on RenewEconomy.

Categories: Around The Web

Pages