RenewEconomy

Subscribe to RenewEconomy feed RenewEconomy
News and analysis for the clean energy economy
Updated: 1 hour 51 sec ago

Queensland’s giant Borumba storage plan will cost double early estimates: Batteries are cheaper

Thu, 2023-06-15 12:49

UNGI tumut 3 penstocks snowy pumped hydro - optimisedWhy has Queensland committed so deeply to huge and expensive pumped hydro projects? There are cheaper options.

The post Queensland’s giant Borumba storage plan will cost double early estimates: Batteries are cheaper appeared first on RenewEconomy.

Categories: Around The Web

Australian startup that sends electricity via lasers wins $3m in seed funding

Thu, 2023-06-15 10:57

Wireless charging using laser beams - as envisaged by Nikolai Tesla - comes with risks - but could also solve some interesting grid problems.

The post Australian startup that sends electricity via lasers wins $3m in seed funding appeared first on RenewEconomy.

Categories: Around The Web

The investment test for electricity transmission has become a sham

Thu, 2023-06-15 09:18

VNI West lays bare a transmission investment test that is comprehensively gamed by its proponents

The post The investment test for electricity transmission has become a sham appeared first on RenewEconomy.

Categories: Around The Web

Australia slips in renewable rankings amid doubts over 82 pct target and green hydrogen

Thu, 2023-06-15 09:05

Australia slips further down renewable energy rankings due to questions about its renewables targets and green hydrogen. US and Germany take top two spots.

The post Australia slips in renewable rankings amid doubts over 82 pct target and green hydrogen appeared first on RenewEconomy.

Categories: Around The Web

WA nickel miner plans “all-electric” mine to provide ore for EV batteries

Wed, 2023-06-14 15:47

cosmos nickel mine WA IGOABB and mining services group Perenti engaged to provide study for full underground electrification of Cosmos Nickel Project in Western Australia.

The post WA nickel miner plans “all-electric” mine to provide ore for EV batteries appeared first on RenewEconomy.

Categories: Around The Web

Climate blind spot: Report calls for new focus on renewable heat and fuels

Wed, 2023-06-14 15:28

New report from REN21 warns that a failure to evolve renewable heat and fuels is prolonging reliance on coal, gas, oil and nuclear.

The post Climate blind spot: Report calls for new focus on renewable heat and fuels appeared first on RenewEconomy.

Categories: Around The Web

Victoria comes under pressure to ban new home gas connections

Wed, 2023-06-14 14:19

CC0 Public Domain Free for personal and commercial use No attribution requiredPressure is building on Victoria to ramp up its gas phaseout, following reports of companies luring consumers to switch from electric appliances to gas. 

The post Victoria comes under pressure to ban new home gas connections appeared first on RenewEconomy.

Categories: Around The Web

Ex Labor climate minister Greg Combet to chair federal Net Zero Agency

Wed, 2023-06-14 13:24

One of Australia's first ministers for climate change and a former trade unionist will head up the body charged with helping communities transition from fossil fuels.

The post Ex Labor climate minister Greg Combet to chair federal Net Zero Agency appeared first on RenewEconomy.

Categories: Around The Web

Fortescue signs up China steel giant to green metals mission

Wed, 2023-06-14 13:23

Australian iron ore giant signs up its biggest customer, China Baowu Steel, to collaborate on making greener metals, including with renewable hydrogen.

The post Fortescue signs up China steel giant to green metals mission appeared first on RenewEconomy.

Categories: Around The Web

“Day for history books:” Hazelwood becomes first coal plant to transition to big battery

Wed, 2023-06-14 11:44

Hazelwood big battery officially commissioned, becoming first of many big batteries to be built at the site of a former coal generator in Australia.

The post “Day for history books:” Hazelwood becomes first coal plant to transition to big battery appeared first on RenewEconomy.

Categories: Around The Web

“Truly momentous:” Solar is changing everything, and Australia must seize the occasion

Wed, 2023-06-14 05:05

Treasurer Jim Chalmers should introduce a solar module production tax credit so Australia can secure its position in global solar production supply chain.

The post “Truly momentous:” Solar is changing everything, and Australia must seize the occasion appeared first on RenewEconomy.

Categories: Around The Web

Solar pushes world to “cascading tipping points”, and puts science targets within reach

Wed, 2023-06-14 00:01

The surge in global solar investments is creating cascading tipping points for the global grid, and even putting science based climate targets within reach.

The post Solar pushes world to “cascading tipping points”, and puts science targets within reach appeared first on RenewEconomy.

Categories: Around The Web

World must add 1.5TW of new wind and solar each year to keep to 1.5°C of warming

Tue, 2023-06-13 17:30

offshore wind Princess Amalia Wind Farm (Q7 Wind park) in the NetherlandsNew analysis lays out the safest path to limit global warming to 1.5°C – and to slash future reliance on unproven methods of carbon removal.

The post World must add 1.5TW of new wind and solar each year to keep to 1.5°C of warming appeared first on RenewEconomy.

Categories: Around The Web

Queensland budgets $19bn for shift to renewables, in huge push away from coal

Tue, 2023-06-13 15:49

"The most significant investment ever:" Queensland government allocates $19 billion over four years to ensure the state meets its renewable energy targets.

The post Queensland budgets $19bn for shift to renewables, in huge push away from coal appeared first on RenewEconomy.

Categories: Around The Web

Coal outages strike across two states as power prices march up

Tue, 2023-06-13 15:42

Number of coal outages hit grid over long weekend as generator warns of more price hikes.

The post Coal outages strike across two states as power prices march up appeared first on RenewEconomy.

Categories: Around The Web

Australia needs 1.5°C target to break regulatory deadlock and kick coal out of grid

Tue, 2023-06-13 15:36

Australia urged to set "bold" 1.5°C target to try and break regulatory deadlock and investment blockage that threaten to derail its transition to renewables.

The post Australia needs 1.5°C target to break regulatory deadlock and kick coal out of grid appeared first on RenewEconomy.

Categories: Around The Web

ACT starts to bank its cheapest wind power yet in next stage to kick out fossil fuels

Tue, 2023-06-13 12:07

ACT starts to source its cheapest wind power yet, guaranteeing lower prices into the future as it moves to next stage of kicking out fossil fuels.

The post ACT starts to bank its cheapest wind power yet in next stage to kick out fossil fuels appeared first on RenewEconomy.

Categories: Around The Web

Hydrogen’s dirty secret: Leaks could have 12-times impact on global warming than CO2

Tue, 2023-06-13 07:05

electrolysis - sparc technologiesStudy says leaked hydrogen could have global warming impact 12-times stronger than CO2, highlighting need to prevent leakages during production, transportation, and usage.

The post Hydrogen’s dirty secret: Leaks could have 12-times impact on global warming than CO2 appeared first on RenewEconomy.

Categories: Around The Web

Ørsted and Vestas to use low-carbon steel and recycled bladed in offshore wind projects

Tue, 2023-06-13 06:49

Ørsted and Vestas announce "industry-first" partnership to deliver "net-zero wind farms" with turbine towers made from low-carbon steel and blades made from recycled materials.

The post Ørsted and Vestas to use low-carbon steel and recycled bladed in offshore wind projects appeared first on RenewEconomy.

Categories: Around The Web

Tasmania wind farms do best in May, Queensland dominates solar rankings

Mon, 2023-06-12 13:51

Listen of Top 20 wind and solar farms in month of May shows the wind blows in Tasmania and the sun shines in Queensland.

The post Tasmania wind farms do best in May, Queensland dominates solar rankings appeared first on RenewEconomy.

Categories: Around The Web

Pages