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News and analysis for the clean energy economy
Updated: 27 min 17 sec ago

Santos splits future energy team, commits to large scale fossil fuels “into the 2040s”

Wed, 2022-11-09 07:00

Santos indicates its decarbonisation efforts continue to creep forward, but told investors it will replenish and sustain its large-scale fossil fuels projects into the 2040s.

The post Santos splits future energy team, commits to large scale fossil fuels “into the 2040s” appeared first on RenewEconomy.

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Australian energy software start-up lands $1.1 million in funding

Tue, 2022-11-08 13:27

Australian clean energy software provider exits stealth mode, with $1.1 million in funding to help expand its team and hit the market.

The post Australian energy software start-up lands $1.1 million in funding appeared first on RenewEconomy.

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Some power stations still believe they will be burning coal and polluting in 2050

Tue, 2022-11-08 13:24

Liddell Power Station Hunter Valley NSW Australia - optimisedFor all the talk of climate catastrophe and state government targets, some coal companies still think they are going to be burning coal for power in 2050.

The post Some power stations still believe they will be burning coal and polluting in 2050 appeared first on RenewEconomy.

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Construction begins on 400MW solar farm in central-west NSW, with battery to follow

Tue, 2022-11-08 13:10

ACEN Australia hits go on construction of Stubbo solar farm, with approvals for a big battery, after securing a connection to the grid.

The post Construction begins on 400MW solar farm in central-west NSW, with battery to follow appeared first on RenewEconomy.

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France electricity prices surge past €1,000/MWh as more nuclear reactors close for winter

Tue, 2022-11-08 12:18

nuclear power plantFrance announces another four reactors are broken and won't be operating over winter, sending power prices soaring and increasing fears of blackouts.

The post France electricity prices surge past €1,000/MWh as more nuclear reactors close for winter appeared first on RenewEconomy.

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Australia helping fund homegrown effort to commercialise green iron, steel industries

Tue, 2022-11-08 12:06

Calix will use government grant to study substituting hydrogen for gas to produce green steel and provide low carbon pathway to major export.

The post Australia helping fund homegrown effort to commercialise green iron, steel industries appeared first on RenewEconomy.

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Energy Estate signs MoU to find “missing link” to low-cost renewable hydrogen

Tue, 2022-11-08 12:03

hydrogen storage underground drillingAustralian company behind plans to develop 1.6GW renewable "hydrogen valley" in NSW Hunter region signs up key new partner to the cause.

The post Energy Estate signs MoU to find “missing link” to low-cost renewable hydrogen appeared first on RenewEconomy.

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COP27 First Day: Climate backsliding and buyer’s remorse

Tue, 2022-11-08 11:26

cop 27 egyptCOP27 is all about implementation. But where things will unravel is around compensating developing countries for loss and damage from climate change.

The post COP27 First Day: Climate backsliding and buyer’s remorse appeared first on RenewEconomy.

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“Unknown, uncertain, uncosted:” Snowy gets grilling on Kurri Kurri green hydrogen

Tue, 2022-11-08 09:47

kurri kurri gas plant snowy hydroSenate Estimates hears "hydrogen ready" gas plant will start out using fossil gas only, and to get to 30% green hydrogen will require a retrofit of new equipment.

The post “Unknown, uncertain, uncosted:” Snowy gets grilling on Kurri Kurri green hydrogen appeared first on RenewEconomy.

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Australia named among major economies not paying “fair share” of climate finance goal

Tue, 2022-11-08 09:43

 Canva).Report finds Australia has fallen well short of its climate finance commitments, joining other major western economies to fall tens of billions short.

The post Australia named among major economies not paying “fair share” of climate finance goal appeared first on RenewEconomy.

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Offshore floating solar plant linked with offshore wind in world first

Mon, 2022-11-07 17:11

The world’s first commercial offshore floating solar plant has been commissioned off the east of China, integrated with offshore wind.

The post Offshore floating solar plant linked with offshore wind in world first appeared first on RenewEconomy.

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Snowy finally confirms pumped hydro project over budget and behind schedule

Mon, 2022-11-07 13:38

Snowy Hydro's interim CEO tells Senate Estimates of the extent of delays and cost over-runs of the massive Snowy 2.0 project.

The post Snowy finally confirms pumped hydro project over budget and behind schedule appeared first on RenewEconomy.

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Australia praised for methane reductions, but should be prepared for uncomfortable COP

Mon, 2022-11-07 13:29

gas-flaring-methane-emissions-nature-EditCoal mines will help Australia meet a COP26 methane pledge but developing countries are gearing up to make loss and damage the cause de jour of COP27.

The post Australia praised for methane reductions, but should be prepared for uncomfortable COP appeared first on RenewEconomy.

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Solar plane and electric vertical take-off and landing technologies win Australian grants

Mon, 2022-11-07 12:25

Australian start-up developing long range electric vertical take-off and landing aircraft technology, and another focusing on solar panels on planes have won federal funding.

The post Solar plane and electric vertical take-off and landing technologies win Australian grants appeared first on RenewEconomy.

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Solar nears 60pct of grid generation for first time, taking biggest bite yet out of coal’s lunch

Mon, 2022-11-07 12:10

Rooftop PV and large scale solar producer nearly 60 per cent of generation for first time, sending grid demand to record low and eating further into coal's lunch.

The post Solar nears 60pct of grid generation for first time, taking biggest bite yet out of coal’s lunch appeared first on RenewEconomy.

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Electrical storm: Is it time for a reset of Australia’s energy market? 

Mon, 2022-11-07 09:40

Australia's ossified institutions may not have the vision to make the changes our energy markets need. For consumers, that would be a terrible tragedy.

The post Electrical storm: Is it time for a reset of Australia’s energy market?  appeared first on RenewEconomy.

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Energy hungry EU must regain the trust of poorer countries at COP27

Mon, 2022-11-07 08:39

Cop27 climateEuropean countries stand accused of climate hypocrisy as they buy up the world’s fossil fuel resources to secure domestic energy supply.

The post Energy hungry EU must regain the trust of poorer countries at COP27 appeared first on RenewEconomy.

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A technologically advanced society is destroying itself. It’s fascinating and horrifying to watch

Mon, 2022-11-07 08:14

Pollution and Dead Tree erf auction emissions tree - optimisedHow is it that a technologically advanced society could choose to destroy itself by failing to act to avert a climate catastrophe?

The post A technologically advanced society is destroying itself. It’s fascinating and horrifying to watch appeared first on RenewEconomy.

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NSW ramps up storage and firming needs before closure of country’s biggest coal plant

Sun, 2022-11-06 17:34

NSW expands second renewables tender to include more long duration storage and firming capacity to deal with early closure of coal fired generators.

The post NSW ramps up storage and firming needs before closure of country’s biggest coal plant appeared first on RenewEconomy.

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Germany sets new 70GW offshore wind target

Sun, 2022-11-06 11:06

Germany sets new offshore wind capacity target of 70GW by 2045 – a substantial increase from previous targets.

The post Germany sets new 70GW offshore wind target appeared first on RenewEconomy.

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