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News and analysis for the clean energy economy
Updated: 1 hour 4 min ago

When critical minerals and decarbonisation collide: Eight value-add refining proposals

Tue, 2022-10-18 09:17

pilbara minerals lithium mine cefc - optimisedA look at $10bn-plus of newer projects in Australia and NZ that value-add across a range of resources critical to the clean energy transition.

The post When critical minerals and decarbonisation collide: Eight value-add refining proposals appeared first on RenewEconomy.

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BlackRock’s Akaysha scores coup with contract to build “world’s most powerful” battery

Tue, 2022-10-18 07:56

Start-up bought by funds giant BlackRock snares contract to build Waratah Super Battery, now dubbed "most powerful battery in the world."

The post BlackRock’s Akaysha scores coup with contract to build “world’s most powerful” battery appeared first on RenewEconomy.

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Solar eliminates nearly all grid demand as its powers South Australia grid during day

Mon, 2022-10-17 22:04

solar panelsRooftop and utility scale solar meet equivalent of all of South Australia's electricity demand for more than six hours on Sunday, as "operational demand" nearly eliminated.

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Rooftop solar smashes demand and supply records in world’s biggest isolated grid

Mon, 2022-10-17 21:48

Perth regulator Western Australia AEMO WEM capacity market rules breach - optimisedRooftop solar provides nearly three quarters of demand in world's biggest isolated grid, sending "operational" demand to record low for third time in eight days.

The post Rooftop solar smashes demand and supply records in world’s biggest isolated grid appeared first on RenewEconomy.

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Snowy contractor shares plunge after it reveals “acute” working capital issues

Mon, 2022-10-17 21:09

Snowy Hydro penstocks tumut 3 pumped energy storage - optimisedShares in the owner of one of the two main contractors to Snowy 2.0 plunge on Monday after revealing evaporating profits and working capital problems.

The post Snowy contractor shares plunge after it reveals “acute” working capital issues appeared first on RenewEconomy.

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Carbon credits serve to greenwash business-as-usual, says TAI, won’t cut emissions

Mon, 2022-10-17 14:14

Carbon credits distract policymakers from concrete actions that actually bring down emissions, TAI submission argues.

The post Carbon credits serve to greenwash business-as-usual, says TAI, won’t cut emissions appeared first on RenewEconomy.

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Snowy 2.0 contractor drama continues, with talk of sale raising new concerns

Mon, 2022-10-17 14:07

AAP - Snowy Hydro Tumut 3 - optimisedMajor Snowy 2.0 contractor Clough Engineering puts itself on the block amid financial crunch, attracting new concerns about the project's timeline.

The post Snowy 2.0 contractor drama continues, with talk of sale raising new concerns appeared first on RenewEconomy.

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MPower gets green light to connect solar battery projects, cash in on negative pricing

Mon, 2022-10-17 11:55

Offer to connect to SA grid brings two solar and battery projects one step closer to harnessing valuable negative pricing opportunities.

The post MPower gets green light to connect solar battery projects, cash in on negative pricing appeared first on RenewEconomy.

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Wind and solar payback drops to less than a year thanks to fossil fuel crisis

Mon, 2022-10-17 10:49

Soaring electricity prices are cutting the payback period for solar and wind farms to less than a year in some parts of the world, new research shows.

The post Wind and solar payback drops to less than a year thanks to fossil fuel crisis appeared first on RenewEconomy.

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Germany continues coal exit auctions amid energy crisis, VW told to close plant

Mon, 2022-10-17 06:31

Germany is still holding auctions to exit coal, but lack of response forced regulators to force the early closure of a plant owned by car maker VW.

The post Germany continues coal exit auctions amid energy crisis, VW told to close plant appeared first on RenewEconomy.

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Solar farms still reaping rich rewards from fossil fuel inflated electricity prices

Mon, 2022-10-17 03:49

Jemalong solar farm (supplied) genexGenex reveals more windfall gains from its two operating solar farms, and says pumped hydro project still on track despite "influx of water" that brought drilling to a halt.

The post Solar farms still reaping rich rewards from fossil fuel inflated electricity prices appeared first on RenewEconomy.

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Australia’s biggest network battery to be built at site of demolished coal power station

Sun, 2022-10-16 20:35

big battery neoen tesla victoriaNSW government confirms that the Waratah "super" battery - the largest of its type in Australia - will be built at site of demolished coal generator.

The post Australia’s biggest network battery to be built at site of demolished coal power station appeared first on RenewEconomy.

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From black gold to green: Oil majors dig in to Australian energy transition

Fri, 2022-10-14 14:30

As Shell announces a new Big Battery and demand-side smart energy project, BP says it has billions of dollars earmarked for investment in Australian decarbonisation.

The post From black gold to green: Oil majors dig in to Australian energy transition appeared first on RenewEconomy.

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WA seeks input on renewable hydrogen target to help kickstart industry

Fri, 2022-10-14 13:58

Western Australia calls for input on a target requiring electricity retailers to procure a fixed percentage of electricity fuelled by renewable hydrogen.

The post WA seeks input on renewable hydrogen target to help kickstart industry appeared first on RenewEconomy.

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Shell mines for “negawatts” in $31m flexible energy demand project

Fri, 2022-10-14 13:52

The project will take in 40 commercial and industrial sites across three states to harness an estimated 21.5MW of flexible demand capacity.

The post Shell mines for “negawatts” in $31m flexible energy demand project appeared first on RenewEconomy.

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Shell JV unveils plan for “one of the biggest” big batteries in NSW

Fri, 2022-10-14 12:35

Ampyr Energy and Shell Energy Australia to develop, own and operate 500MW/1,000MWh battery energy storage system in NSW Central West Orana REZ.

The post Shell JV unveils plan for “one of the biggest” big batteries in NSW appeared first on RenewEconomy.

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UK PM says solar farms are a “blight on the landscape.” Here’s how they benefit wildlife

Fri, 2022-10-14 10:42

Liz Truss, the new UK prime minister, isn’t a fan of solar farms. But new evidence suggests they can address more than one of the crises facing the world.

The post UK PM says solar farms are a “blight on the landscape.” Here’s how they benefit wildlife appeared first on RenewEconomy.

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Energy Insiders Podcast: Storage and the future of the grid

Fri, 2022-10-14 09:34

The Smart Energy Council’s John Grimes shares his views on storage, the treatment of distributed energy, and the remaining policy bollards standing in the way of the switch to renewables.

The post Energy Insiders Podcast: Storage and the future of the grid appeared first on RenewEconomy.

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CEFC backs “hybrid grazing” to cut emissions, deliver carbon credits. But what is it?

Fri, 2022-10-14 09:09

cows cattle beefCEFC tips $30m into hybrid cattle grazing model targeting sustainable red meat production and tapping into growing demand for carbon credits.

The post CEFC backs “hybrid grazing” to cut emissions, deliver carbon credits. But what is it? appeared first on RenewEconomy.

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Global energy storage market to grow 15-fold by 2030, says BNEF

Fri, 2022-10-14 08:39

powin batteryFavourable policies in the EU and US have given a boost to the 2030 energy storage outlook of Bloomberg New Energy Finance.

The post Global energy storage market to grow 15-fold by 2030, says BNEF appeared first on RenewEconomy.

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