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News and analysis for the clean energy economy
Updated: 1 hour 21 min ago

Stunning week of early coal closures opens path to 100 pct renewables

Sun, 2022-10-02 06:00

An extraordinary week has confirmed nearly all Australia's coal generators will be gone in little more than a decade. Here are the five big highlights.

The post Stunning week of early coal closures opens path to 100 pct renewables appeared first on RenewEconomy.

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So long, Loy Yang: shutting Australia’s dirtiest coal plant a decade early won’t jeopardise our electricity supply

Sat, 2022-10-01 20:06

Loy Yang power station AGL shareholder resolutionIt’s becoming ever more likely that 100% renewable electricity in Australia’s electricity grid could be achieved by the end of the decade.

The post So long, Loy Yang: shutting Australia’s dirtiest coal plant a decade early won’t jeopardise our electricity supply appeared first on RenewEconomy.

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Quinbrook bags huge profit on sale of US wind, solar and battery company

Sat, 2022-10-01 02:26

Australia's Quinbrook has locked in big profits from the sale of a US wind, solar and storage company it bought as a start-up five years ago.

The post Quinbrook bags huge profit on sale of US wind, solar and battery company appeared first on RenewEconomy.

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Nord Stream gas leaks: What they mean for the climate and global energy prices

Fri, 2022-09-30 15:59

nord steam gas leaksTwo gas pipelines are haemorrhaging methane – a greenhouse gas more potent than CO2 – into the atmosphere via the Baltic Sea. What are the consequences?

The post Nord Stream gas leaks: What they mean for the climate and global energy prices appeared first on RenewEconomy.

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Electricity price rule change looms as reports detail an energy market in crisis

Fri, 2022-09-30 14:59

AEMO says it will lift a suspension of the entire National Electricity Market after supply pressures ease.cAustralia's energy market rule maker supports doubling of administrated electricity price cap as a key consumer protection mechanism in a volatile market.

The post Electricity price rule change looms as reports detail an energy market in crisis appeared first on RenewEconomy.

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Peak profits are a memo to miners to swap out coal for critical minerals

Fri, 2022-09-30 13:14

coal queenslandHigh thermal coal prices are a double-edged sword for miners, signalling the perfect time to reinvest in Australia’s critical minerals opportunity.

The post Peak profits are a memo to miners to swap out coal for critical minerals appeared first on RenewEconomy.

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Australian zinc bromide batteries start rolling off production line in Sydney

Fri, 2022-09-30 13:03

gelion syd launch sept 22Gelion launches production of its “safe and durable” Endure batteries at a newly repurposed manufacturing facility in Western Sydney.

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Hunter-Central Coast renewable energy zone takes crucial shape, opens to feedback

Fri, 2022-09-30 11:46

EnergyCo releases draft declaration of key NSW REZ that attracted almost 40GW of renewable energy storage projects, including offshore wind.

The post Hunter-Central Coast renewable energy zone takes crucial shape, opens to feedback appeared first on RenewEconomy.

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FRV says Victoria grid forming battery will be the first of many

Fri, 2022-09-30 09:14

FRV Australia confirms $7 million in funding from the Victorian government to build the Terang big battery with grid forming inverters.

The post FRV says Victoria grid forming battery will be the first of many appeared first on RenewEconomy.

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Bitcoin’s beefy carbon problem – and how other crypto currencies might avoid it

Fri, 2022-09-30 01:00

New analysis finds Bitcoin as damaging to the planet as some of the world’s most dirtiest industries, including beef, gas and oil. But an answer could be in the ether.

The post Bitcoin’s beefy carbon problem – and how other crypto currencies might avoid it appeared first on RenewEconomy.

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Victoria to host Australia’s largest floating solar plant at water facility

Thu, 2022-09-29 21:25

A $1.4m floating solar plant – Australia's biggest yet – is being installed in Warrnambool as part of a government deal with state water corporations.

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Too expensive: BNEF questions use of Australian green ammonia in Japan coal generators

Thu, 2022-09-29 21:00

BNEF questions economics and emissions savings of using green ammonia to co-fire Japanese coal plants, one of the big target markets for Australian companies.

The post Too expensive: BNEF questions use of Australian green ammonia in Japan coal generators appeared first on RenewEconomy.

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Researchers push tandem solar cells to record 30 pct efficiency

Thu, 2022-09-29 19:17

perovskite solar cellFor the first time, the conversion efficiency of four-terminal perovskite/silicon tandem devices with certified top cell has passed 30 per cent.

The post Researchers push tandem solar cells to record 30 pct efficiency appeared first on RenewEconomy.

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AGL is quitting coal: What now on renewables, workers and the bottom line?

Thu, 2022-09-29 13:54

AGL Energy's plan to quit coal power generation a decade ahead of schedule means a much bigger and faster pivot to renewables. How will it work?

The post AGL is quitting coal: What now on renewables, workers and the bottom line? appeared first on RenewEconomy.

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Federal government tips $43m into decarbonising “hard to abate” sectors

Thu, 2022-09-29 12:52

ARENA launches grants program offering funds to companies in hard-to-abate sectors to integrate renewables and energy efficiency technologies.

The post Federal government tips $43m into decarbonising “hard to abate” sectors appeared first on RenewEconomy.

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AGL joins Australian coal exodus with target for complete exit by 2035

Thu, 2022-09-29 10:18

The Loy Yang A power station in Victoria's Latrobe Valley.AGL says it will close its last coal fired power plant, Loy Yang A in Victoria, a decade ahead of schedule, and fast-track its shift to renewables.

The post AGL joins Australian coal exodus with target for complete exit by 2035 appeared first on RenewEconomy.

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Consumers want out of coal: De Brenni explains Queensland switch to renewables

Thu, 2022-09-29 09:08

acciona solar farm panels queensland-2Queensland energy minister tells the Energy Insiders podcast the plan to switch from coal to renewables was driven by climate impacts and consumer demand.

The post Consumers want out of coal: De Brenni explains Queensland switch to renewables appeared first on RenewEconomy.

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Energy Insiders: De Brenni on Queensland’s flip to renewables

Thu, 2022-09-29 09:05

Energy minister Mick de Brenni outlines how Queensland will make the switch from coal to 80 per cent renewables. Plus: Victoria’s storage target, and the latest from AGL.

The post Energy Insiders: De Brenni on Queensland’s flip to renewables appeared first on RenewEconomy.

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Australia’s last coal holdout surrenders to the green energy revolution

Thu, 2022-09-29 08:57

The pace at which the defense of coal is falling by the wayside is extraordinary. Even Queensland, the state seen as the last hold out, has now mapped its exit.

The post Australia’s last coal holdout surrenders to the green energy revolution appeared first on RenewEconomy.

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Cannon-Brookes nominates ex Tesla boss and former ESB chair to AGL board

Wed, 2022-09-28 17:46

 AGL Energy)Grok Ventures nominates four independent directors to AGL board, including the former heads of Tesla Energy in Australia and the ESB.

The post Cannon-Brookes nominates ex Tesla boss and former ESB chair to AGL board appeared first on RenewEconomy.

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