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News and analysis for the clean energy economy
Updated: 2 hours 6 min ago

“Gigawatts of storage:” Bowen says deal reached with states for first capacity auctions

Wed, 2023-05-03 13:46

Bowen says agreement has been reached with states over scale and timing of first storage auctions under new capacity mechanism.

The post “Gigawatts of storage:” Bowen says deal reached with states for first capacity auctions appeared first on RenewEconomy.

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Engie says batteries “the only game” in Gippsland as Hazelwood rehab stuck in limbo

Wed, 2023-05-03 12:45

The French power company plans to use batteries to suck up transmission capacity left dormant by the Hazelwood coal plant closure.

The post Engie says batteries “the only game” in Gippsland as Hazelwood rehab stuck in limbo appeared first on RenewEconomy.

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Solar auction winner says NSW contracts reduce risk to 8GW pipeline

Wed, 2023-05-03 12:37

New England solar farm NSW Acen AustraliaThe biggest winner of the first NSW renewables and storage auction says the contracts protect investors from unexpectedly low wholesale prices.

The post Solar auction winner says NSW contracts reduce risk to 8GW pipeline appeared first on RenewEconomy.

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Developer kills plans for 70MW solar farm in coal heartland

Wed, 2023-05-03 11:03

Ratch Australia kills plans to use land in Victoria's coal heartland to build a 70MW solar farm.

The post Developer kills plans for 70MW solar farm in coal heartland appeared first on RenewEconomy.

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The thinking error that makes people susceptible to climate change denial

Wed, 2023-05-03 10:11

texas winterFrom a scientific standpoint, the kind of climate denialist claims that come with every cold snap are absurd. So why are so many people susceptible to this type of disinformation?

The post The thinking error that makes people susceptible to climate change denial appeared first on RenewEconomy.

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Renewables superpower or “lost opportunity:” EY says policy will decide Australia’s fate

Wed, 2023-05-03 10:02

EY Net Zero Centre report says Australia needs "clear-eyed policy" and targeted government support to seize $40bn a year decarbonisation opportunity.

The post Renewables superpower or “lost opportunity:” EY says policy will decide Australia’s fate appeared first on RenewEconomy.

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Snowy 2.0 project pushed back to late 2029, costs to blow out again

Wed, 2023-05-03 07:58

Snowy Hydro reveals more big delays and cost blow outs in troubled Snowy 2.0 pumped hydro project, now not likely to begin full production until late 2029.

The post Snowy 2.0 project pushed back to late 2029, costs to blow out again appeared first on RenewEconomy.

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Tue, 2023-05-02 22:00

germany wind energyRenewable energy covered about half of electricity consumption in Germany during the first three months of 2023.

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Sunshine state sets a new solar generation record, in late autumn

Tue, 2023-05-02 21:57

Queensland registers a big leap in the share of large scale solar in its grid, with its peak now higher than South Australia and NSW.

The post Sunshine state sets a new solar generation record, in late autumn appeared first on RenewEconomy.

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UNSW launches new clean energy start-up accelerator, Climate 10x

Tue, 2023-05-02 15:54

UNSW incubator wing to provide seed investment, mentoring and industry access for six Australian start-ups that demonstrate significant climate impact.

The post UNSW launches new clean energy start-up accelerator, Climate 10x appeared first on RenewEconomy.

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Energy Insiders Podcast: Batteries and pumped hydro fight over coal succession plans

Tue, 2023-05-02 15:35

Brad Hopkins from AEMO Services discusses the stunning results of the first NSW generation and storage tender, and what it means for the market.

The post Energy Insiders Podcast: Batteries and pumped hydro fight over coal succession plans appeared first on RenewEconomy.

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Faulty wind turbines banned in Victoria over “dangerous incidents”

Tue, 2023-05-02 15:27

Victoria’s independent safety regulator has banned supply of a local manufacturer's small wind turbines following a series of "dangerous incidents."

The post Faulty wind turbines banned in Victoria over “dangerous incidents” appeared first on RenewEconomy.

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Huge public interest as Hunter offshore wind zone proposal draws 1,900 submissions

Tue, 2023-05-02 15:16

offshore wind bluefloatLots of reading for Chris Bowen as public consultation on Australia's second official offshore wind development zone attracts just shy of 2,000 submissions.

The post Huge public interest as Hunter offshore wind zone proposal draws 1,900 submissions appeared first on RenewEconomy.

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Low wind and solar prices and long duration batteries: Where now for pumped hydro?

Tue, 2023-05-02 15:01

tesla megapack battery bouldercombeThere appears no shortage of low cost wind, solar and battery storage. But can pumped hydro step into the fold to replace coal?

The post Low wind and solar prices and long duration batteries: Where now for pumped hydro? appeared first on RenewEconomy.

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Rooftop solar economics “outstanding” in Australia, even as module prices creep up

Tue, 2023-05-02 14:04

rooftop solar western australiaIEA says Australian PV market contracted in 2022 while cost – and average size – of residential systems grew. But solar is still an economic no-brainer for homes and business.

The post Rooftop solar economics “outstanding” in Australia, even as module prices creep up appeared first on RenewEconomy.

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Contractors named for first big solar and battery hybrid to serve iron ore giants

Tue, 2023-05-02 12:36

Chichester Solar Farm Alinta FortescueAlinta names contractors for solar-battery hybrid facility that will help power BHP's port facilities for its huge iron ore mines.

The post Contractors named for first big solar and battery hybrid to serve iron ore giants appeared first on RenewEconomy.

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Wind turbine recycling breakthrough delivers promise in a test tube – but can it be scaled up?

Tue, 2023-05-02 11:54

Denmark-based researchers say they’ve found a novel way to break down discarded wind-turbine blades, recovering useful materials in the process.

The post Wind turbine recycling breakthrough delivers promise in a test tube – but can it be scaled up? appeared first on RenewEconomy.

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RWE says Australian eight hour battery win puts it on path to 3GW of storage

Mon, 2023-05-01 19:35

Limondale solar farm ryeGermany energy giant RWE says the landmark battery storage win in Australia with its proposed eight hour storage configuration is part of a global ambition to build 3GW of battery storage capacity by 2030. RWE Renewables is to build a 50MW, eight hour battery (400MWh) next to its 249MW Limondale solar farm in south-west NSW […]

The post RWE says Australian eight hour battery win puts it on path to 3GW of storage appeared first on RenewEconomy.

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Businesses urged to electrify everything as budget energy tax incentive announced

Mon, 2023-05-01 14:58

New federal government policy incentive offers tax deductions to businesses that invest in energy saving electrical appliances and get off gas.

The post Businesses urged to electrify everything as budget energy tax incentive announced appeared first on RenewEconomy.

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Last of 66 concrete foundations laid for biggest wind farm in NSW

Mon, 2023-05-01 14:25

wind farm concrete pourLast of 66 concrete foundations poured at what will be the biggest wind farm in NSW, supplying power to a gold mine.

The post Last of 66 concrete foundations laid for biggest wind farm in NSW appeared first on RenewEconomy.

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