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News and analysis for the clean energy economy
Updated: 1 hour 46 min ago

Bowen says “Australia is back” on climate, but it’s also still lagging well behind

Wed, 2022-09-21 12:54

Federal minister for Climate Change Chris Bowen speaks to media during a press conference at Parliament House in Canberra. (AAP Image/Lukas Coch)As Labor's energy minister assures that "Australia is back" on climate action, a major new report details just how far behind we are on meeting key benchmarks.

The post Bowen says “Australia is back” on climate, but it’s also still lagging well behind appeared first on RenewEconomy.

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A VNI West puzzle: What is it about this modelling that looks a bit odd?

Wed, 2022-09-21 09:29

transmission towersThe Project Assessment Draft Report for the Victoria to NSW Interconnector predicts some confounding outcomes for the project – even before it is built.

The post A VNI West puzzle: What is it about this modelling that looks a bit odd? appeared first on RenewEconomy.

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Australia’s emerging renewables “engine room” needs help to shift from coal

Wed, 2022-09-21 08:30

A former coal hub, the central Queensland electorate of Flynn, needs government help to train up workers and prepare for a flood of energy transition industries.

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Danish-based alliance seeks seven fold boost to offshore wind to 380GW by 2030

Wed, 2022-09-21 06:16

Danish-based initiative seeking to drive a seven fold increase in installed global offshore wind capacity to 380GW - from 57GW - by 2030.

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More than a quarry: How Australia can grab share of $100 trillion in new global landscape

Tue, 2022-09-20 20:32

pilbara minerals lithium mine cefc - optimisedAround $100 trillion will be spent on the global energy transition. Australia is well placed with many of the critical minerals, but it must be more than a quarry.

The post More than a quarry: How Australia can grab share of $100 trillion in new global landscape appeared first on RenewEconomy.

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Report underscores “abject failure” of safeguards mechanism, calls for big polluters to pay

Tue, 2022-09-20 19:33

Report on Coalition government-era safeguard mechanism underscores what happens when big polluters set the rules on emissions.

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Fortescue to spend $9.2bn on wind, solar, batteries and hydrogen to reach net zero by 2030

Tue, 2022-09-20 18:56

Chichester Solar Farm Alinta FortescueAndrew Forrest details $9.2 billion spend to reach net zero for his mining giant by 2030, most of it to be spent over next five years.

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Massive rooftop solar and battery microgrid sets stunning green benchmark for industry

Tue, 2022-09-20 18:06

Plans unveiled for 60MW solar and 150MWh battery based embedded network to help supply 100% renewables to tenants of the Moorebank Logistics Park.

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Victoria urged to shoot for net-zero by 2034, after 2020 emissions target “smashed”

Tue, 2022-09-20 14:58

berrybank wind farm Victoria Naturgy GPGNew data shows Victoria beat its 2020 emissions reduction target by nearly 10%. Separate modelling says that, on this trajectory, it could reach net-zero 16 years early.

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Alinta hits go on Port Hedland solar and battery, with BHP as foundation customer

Tue, 2022-09-20 13:35

Chichester Solar Farm Alinta FortescueBHP signs deal to source 100% of the daytime energy needs of its Port Hedland iron ore operations from solar and big battery project built by Alinta.

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Pressure mounts on Albanese to cut the cord on coal and gas handouts

Tue, 2022-09-20 12:10

Leader of the Opposition Anthony Albanese after making his budget reply speech. (AAP Image/Mick Tsikas)Labor Party under pressure to reclaim nearly $2bn in subsidies earmarked for gas development projects under the Morrison government and redirect the funds into renewables.

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How home batteries can be good money spinners – and lessen the need for subsidies

Tue, 2022-09-20 11:58

Tesla home batteryNew analysis hints that growing behind-the-meter storage might not need a great deal of subsidy, thanks to potentially lucrative income opportunities.

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Origin’s Beetaloo exit is not enough, the fracking has got to stop

Tue, 2022-09-20 09:18

Governments, now, must intervene on developments like Beetaloo; listen to the science and, as promised, to the voices of First Nations people.

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Wind power is getting better and better, and providing more value to the grid

Mon, 2022-09-19 22:54

Wind energy remains as an attractive carbon-free option since its costs are generally low compared to wind’s value in wholesale markets.

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Solar giant joins big battery market with launch of utility-scale SolBank

Mon, 2022-09-19 20:32

Leading global PV manufacturer Canadian Solar launches lithium-iron phosphate utility-scale big battery system with up to 2,800kWh of usable energy capacity.

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Safeguard Mechanism: What to make of the “industry-average” baseline scheme

Mon, 2022-09-19 14:27

 Canva).Is it possible to make an industry average scheme work? Yes, with enough gaffer tape. Is it the best pathway to take? Maybe not.

The post Safeguard Mechanism: What to make of the “industry-average” baseline scheme appeared first on RenewEconomy.

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Three global renewables trends to watch for – and what they mean for Australia

Mon, 2022-09-19 13:57

Solar is doing well – and particularly associated home battery uptake; wind power is struggling; and China is rapidly becoming the main factor limiting global decarbonisation.

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AGL board clean-out continues, with new chair – and a new renewables champion

Mon, 2022-09-19 13:38

Australian renewables champion Miles George joins non-executive ranks of AGL Energy, as part of major overhaul of the board at the big three gen-tailer.

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Origin announces exit from gas exploration, starting with Beetaloo Basin

Mon, 2022-09-19 10:57

gas flare fracking victoria moratorium 2 - optimisedOrigin Energy says it is getting out of the gas exploration business, starting with its share in the controversial Beetaloo Basin project, as it shifts its focus to the energy transition.

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Labor modeller says plan for free credits could kill integrity of Safeguard scheme

Mon, 2022-09-19 00:01

Liquefied natural gas lng carrier ship with five tanks - optimised hydrogenLabor's climate modeller says proposal to award free credits to big polluters who do better than an industry average could kill integrity of Safeguard Mechanism.

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