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News and analysis for the clean energy economy
Updated: 1 hour 38 min ago

Vanadium flow battery hopeful edges closer to Australian manufacture

Mon, 2023-06-26 15:31

Chichester Solar Farm Alinta FortescueEnergy storage hopeful edges closer to demonstrating "Perth-built" vanadium flow redox flow battery using "cutting edge" technology from South Korea.

The post Vanadium flow battery hopeful edges closer to Australian manufacture appeared first on RenewEconomy.

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Siemens scraps profit guidance as wind turbine problems generate $1.6bn bill

Mon, 2023-06-26 15:29

Siemens Energy says the bill to fix its troubled wind division could pass the €1 billion mark, as it scrambles to get on top of high turbine failure rates.

The post Siemens scraps profit guidance as wind turbine problems generate $1.6bn bill appeared first on RenewEconomy.

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The “nonsense” rules that threaten to scupper dozens of wind and solar projects

Mon, 2023-06-26 12:55

Industry experts warn new rules imposed on wind and solar projects will force developers to re-assess their projects and consider taking their investment elsewhere.

The post The “nonsense” rules that threaten to scupper dozens of wind and solar projects appeared first on RenewEconomy.

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Electric homes, cars and government buildings: ACT budget boosts bid to quit gas

Mon, 2023-06-26 12:32

 IkeaACT 2023-24 budget sets aside major new funding for home energy upgrades, to get gas out of government operations, and to support electric vehicle uptake.

The post Electric homes, cars and government buildings: ACT budget boosts bid to quit gas appeared first on RenewEconomy.

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New 10MW electrolyser to feed gas into homes, experts shake their heads

Mon, 2023-06-26 12:31

Burning gas burner of a home stove in the middle of which is the flag of the country of Australia. Gas import and export delivery concept, price per cubic meter, transit, background"We are past 10MW pilots" says one expert, as others worry about perpetuating gas dependency with hydrogen.

The post New 10MW electrolyser to feed gas into homes, experts shake their heads appeared first on RenewEconomy.

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Wind blows down more output records on Australia’s main grid

Mon, 2023-06-26 09:04

Wind energy output records blown away by wintery conditions over the weekend, as well as records for large scale solar and wind combined.

The post Wind blows down more output records on Australia’s main grid appeared first on RenewEconomy.

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Transmission tunnel vision: There’s a lot of space for wind, solar and batteries on local networks

Fri, 2023-06-23 15:38

Amid the hand-wringing on transmission delays, more and more renewables experts argue there is huge capacity for wind, solar and storage on local networks.

The post Transmission tunnel vision: There’s a lot of space for wind, solar and batteries on local networks appeared first on RenewEconomy.

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“I’m out:” Shell solar employee praised for quitting after oil giant’s climate backflip

Fri, 2023-06-23 15:30

An employee of a Shell owned solar and battery group has won praise after publicly declaring his disgust at the oil giant's business strategy and quitting the business.

The post “I’m out:” Shell solar employee praised for quitting after oil giant’s climate backflip appeared first on RenewEconomy.

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Regulator approves payments for world’s biggest “shock absorber” battery, but keeps it secret

Fri, 2023-06-23 13:58

Regulator approves new payments for Waratah Super battery, but the public won't be told. Why have battery storage deals suddenly become so secretive?

The post Regulator approves payments for world’s biggest “shock absorber” battery, but keeps it secret appeared first on RenewEconomy.

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Finkel: Australia can still reach its 82 pct renewables target by 2030

Fri, 2023-06-23 13:18

 Goldwind).Alan Finkel says Australia can still reach its 82 per cent renewable target. "If I was betting with dollars, I would say yes. If I was betting with my life, I'd be hesitant."

The post Finkel: Australia can still reach its 82 pct renewables target by 2030 appeared first on RenewEconomy.

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Climate costs most likely to hit world’s richest, as renewables erode fossil fuel billions

Fri, 2023-06-23 13:12

Adani Palaszczuk coal dealNew study finds the financial impact of ambitious climate action will mostly be borne by the wealthiest people in society, due to stranded fossil fuels.

The post Climate costs most likely to hit world’s richest, as renewables erode fossil fuel billions appeared first on RenewEconomy.

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Solar and wind out-power coal in the US for record five-month stretch

Fri, 2023-06-23 13:09

Wind and solar generate more electricity than coal in the US for a record five-month period, as the fossil fuel declines "faster than anyone anticipated.”

The post Solar and wind out-power coal in the US for record five-month stretch appeared first on RenewEconomy.

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Energy Insiders Podcast: Australia’s rise as an electro-state

Fri, 2023-06-23 13:02

Alan Finkel on Australia’s potential to emerge as an “electro-state” with its wind and solar resources, and his Powering Up book. Plus: More big battery deals.

The post Energy Insiders Podcast: Australia’s rise as an electro-state appeared first on RenewEconomy.

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BHP plans 550MW of wind, solar and storage as Pilbara mines go electric

Fri, 2023-06-23 09:12

AlintaFortescueChichesterSolarFarm7BHP planning wind, solar and storage to supply its Pilbara mine sites, and the extra power needed to electrify its haulage and train fleet.

The post BHP plans 550MW of wind, solar and storage as Pilbara mines go electric appeared first on RenewEconomy.

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Largest vanadium flow battery in Southern Hemisphere ready to go live at Port Pirie

Thu, 2023-06-22 15:58

Arena-backed Yadlamalka Energy solar farm will be able to produce a 6MW peak, but the real magic is in the battery component which holds 2MW/8MWh.

The post Largest vanadium flow battery in Southern Hemisphere ready to go live at Port Pirie appeared first on RenewEconomy.

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Ocean heat is off the charts – what it means for humans and ecosystems around the world

Thu, 2023-06-22 15:29

Ocean temperatures have been off the charts since mid-March 2023, and the impact is breaking through in disruptive ways around the world.

The post Ocean heat is off the charts – what it means for humans and ecosystems around the world appeared first on RenewEconomy.

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From coal to vanadium batteries: Copperstring gets another $1bn from fossil fuel royalties

Thu, 2023-06-22 15:09

Queensland provides another $1 billion for the 1,100km link connecting North Queensland to the state's renewables SuperGrid and vast mineral resources, including vanadium.

The post From coal to vanadium batteries: Copperstring gets another $1bn from fossil fuel royalties appeared first on RenewEconomy.

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Missed opportunity: Critical minerals strategy falls drastically short on funding

Thu, 2023-06-22 14:15

As one of the world’s top three petro-states, exporting climate change in the form of coal and LNG, it is high time to flip the script. This was a missed opportunity.

The post Missed opportunity: Critical minerals strategy falls drastically short on funding appeared first on RenewEconomy.

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Battery storage takes another giant leap over fossil fuels in heart of coal country

Thu, 2023-06-22 13:27

The Muja power station in Western Australia.New deals for four hour batteries takes the technology make the next giant leap over the fossil fuel generators they will replace.

The post Battery storage takes another giant leap over fossil fuels in heart of coal country appeared first on RenewEconomy.

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“We must move quickly:” CEFC gets $20bn to put renewable transition back on track

Thu, 2023-06-22 12:05

CEFC gets more than $20 billion in new funds - mostly for transmission - to try and get the renewable transition back on track.

The post “We must move quickly:” CEFC gets $20bn to put renewable transition back on track appeared first on RenewEconomy.

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