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News and analysis for the clean energy economy
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Capacity factors of wind, solar and rooftop PV beat coal and gas in world’s biggest isolated grid

Wed, 2022-12-07 18:20

Capacity factors for coal and gas fell below wind, solar and even rooftop PV in the month of November in the world's biggest isolated grid.

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Fossil fuel majors are reaping obscene profits: A simple levy could protect Australians from hyperinflation

Wed, 2022-12-07 16:12

We have done the math on the profits multinational fossil fuel corporations will book in calendar year 2022 on export revenues. The cost to Australia is serious.

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Neoen wins approval for 4GWh battery to be built near retiring coal plants

Wed, 2022-12-07 16:09

big battery tesla Neoen VictoriaNeoen wins development approval for what could turn out to be a 4GWh battery project located in the coal town of Collie.

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EV charging will trump air-cons to be biggest single load on grid, but there are benefits

Wed, 2022-12-07 14:59

ESB paper says EV charging could easily eclipse electricity demand from any other technology – but if managed well could also result in cheaper power for consumers.

The post EV charging will trump air-cons to be biggest single load on grid, but there are benefits appeared first on RenewEconomy.

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Bowen to present new capacity mechanism that may look like storage target

Wed, 2022-12-07 13:24

Federal energy minister Chris Bowen to present new capacity mechanism that will look more like a storage target or NSW energy roadmap than a prop for coal plants.

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Sydney Uni hails low cost, long life sodium-sulphur battery with “super-high capacity”

Wed, 2022-12-07 13:19

big battery Neoen Tesla VictoriaSydney Uni researchers claim their new battery offers four times the energy capacity of lithium-ion batteries and is far cheaper to produce.

The post Sydney Uni hails low cost, long life sodium-sulphur battery with “super-high capacity” appeared first on RenewEconomy.

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Another two retailers suspended amid ongoing energy market turmoil

Wed, 2022-12-07 13:05

Two small but prominent energy retailers suspended from trade as fossil fuel driven energy market turmoil continues.

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Lithium-ion battery pack prices rise for first time since 2010, hurting EVs and storage

Wed, 2022-12-07 12:37

Prices aren't seen to drop under the crucial $US100/kWh level until 2026 - two years later than expected.

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First massive floating offshore wind tender gets underway in California

Wed, 2022-12-07 10:25

A mammoth offshore wind auction is underway in the US which will spur at least 4.6GW of floating turbine projects off California's coast.

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Forrest snaps up CWP to become dominant player in Australian renewables

Wed, 2022-12-07 09:28

Andrew Forrest's Squadron Energy swoops in to buy CWP Renewables and become dominant player in Australian renewables industry.

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W.A.’s isolated grid sets new instantaneous and monthly records for wind and solar

Wed, 2022-12-07 09:13

Wind and solar set new records for market share in half hour and monthly periods in W.A., and the world's biggest isolated grid.

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Huge 26GW renewable project in Pilbara has new name, new partner and new focus

Tue, 2022-12-06 21:30

Chichester Solar Farm Alinta FortescueMassive 26GW wind and solar project in Pilbara has a new name, a new controlling shareholder and a new focus on domestic markets.

The post Huge 26GW renewable project in Pilbara has new name, new partner and new focus appeared first on RenewEconomy.

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WA clears way for grid and land deals to fast-track wind, solar and hydrogen plans

Tue, 2022-12-06 13:54

WA seeks to fast track investment in major renewable projects and clear the way for huge green hydrogen projects.

The post WA clears way for grid and land deals to fast-track wind, solar and hydrogen plans appeared first on RenewEconomy.

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Solar and electric vehicle loans are soaring, says NAB, as business greens up

Tue, 2022-12-06 13:49

Applications for loans to finance electric vehicles and rooftop solar systems are coming in thick and fast, according to NAB, in race to cut costs and emissions.

The post Solar and electric vehicle loans are soaring, says NAB, as business greens up appeared first on RenewEconomy.

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Fortescue opens WA’s first green hydrogen refuelling station for fleet of Toyota Mirais

Tue, 2022-12-06 13:47

WA government FFI atco hydrogen refuelling stationAndrew ‘Twiggy’ Forrest’s Fortescue Future Industries has this week opened Western Australia’s first green hydrogen refuelling station to power its fleet of 12 Toyota Mirai hydrogen fuel cell cars. The new refuelling station was opened in partnership with gas company Atco Australia – which has four Mirai’s of its own – and is located at […]

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Rush to rooftop solar doubles sales for Australia’s only PV manufacturer

Tue, 2022-12-06 13:10

Tindo Solar installation in SATindo Solar says sales have doubled over the past two months, as consumers seek out rooftop PV as a long-term solution to soaring power prices.

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Who’s in charge here? Solar subsidy shakeup begins with accreditation question

Tue, 2022-12-06 12:21

rooftop solarClean Energy Regulator calls for applicants to take over the role of accreditation scheme operator for the SRES from the Clean Energy Council.

The post Who’s in charge here? Solar subsidy shakeup begins with accreditation question appeared first on RenewEconomy.

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Bowen says coal and gas price caps won’t derail Labor’s 82 per cent renewables target

Tue, 2022-12-06 11:52

Bowen says any move to lower prices of coal and gas supplies will not derail the federal government's ambitions to reach 82 per cent renewables by 2030.

The post Bowen says coal and gas price caps won’t derail Labor’s 82 per cent renewables target appeared first on RenewEconomy.

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Collapse of contractor puts more question marks over giant Snowy 2.0 project

Tue, 2022-12-06 03:25

Snowy Hydro Tumut 3 pumped power station energy storage - M Mazengarb - optimisedSnowy 2.0 project - already steeped in controversy - faces further question marks after collapse of one of its two main contractors.

The post Collapse of contractor puts more question marks over giant Snowy 2.0 project appeared first on RenewEconomy.

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Long term fix to fossil fuel crisis is faster switch to renewables, not price caps

Mon, 2022-12-05 23:05

Putting in motion already-proposed plans combined with targeted green energy policies is the route out of the current crisis.

The post Long term fix to fossil fuel crisis is faster switch to renewables, not price caps appeared first on RenewEconomy.

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