RenewEconomy

Subscribe to RenewEconomy feed RenewEconomy
News and analysis for the clean energy economy
Updated: 1 hour 57 min ago

St Baker and Flannery cash in on Vales Point coal plant in sale to Czechs

Sun, 2022-09-18 23:46

Delta Electricity Vales Point coal fired power station - supplied 1 - optimisedTrevor St Baker and Brian Flannery sell out of Vales Point coal generator at massive profit, and new buyer shows no signs of contemplating an early closure.

The post St Baker and Flannery cash in on Vales Point coal plant in sale to Czechs appeared first on RenewEconomy.

Categories: Around The Web

Wind and solar records tumble again, as coal and fossil fuel hit another low

Sun, 2022-09-18 06:54

Wind and solar hit new record peaks in main grid, pushing coal and fossil fuels to record lows, but curtailment also hits new high in South Australia.

The post Wind and solar records tumble again, as coal and fossil fuel hit another low appeared first on RenewEconomy.

Categories: Around The Web

Pacific Equity Partners wins gong for backing Aussie smart meter business

Fri, 2022-09-16 14:47

Australian Investment Council awards Pacific Equity Partners Large Cap Investment Award for investing in Intellihub and generating significant returns for investors.

The post Pacific Equity Partners wins gong for backing Aussie smart meter business appeared first on RenewEconomy.

Categories: Around The Web

Will the food and livestock industry follow fossil fuels over the market cliff?

Fri, 2022-09-16 14:14

The food and livestock industry, particularly beef and dairy, face as big a climate problem as fossil fuels – but in a dramatically accelerated timeframe.

The post Will the food and livestock industry follow fossil fuels over the market cliff? appeared first on RenewEconomy.

Categories: Around The Web

Vertical axis floating offshore wind turbine gears up for 1MW trial in Norway

Fri, 2022-09-16 13:34

seatwirl vertical axis wind turbineA 1MW vertical axis floating offshore wind turbine will be given a test run in seas off Norway, its developers say.

The post Vertical axis floating offshore wind turbine gears up for 1MW trial in Norway appeared first on RenewEconomy.

Categories: Around The Web

Revealed: The extraordinary cost of “keeping the lights on” in month of June

Fri, 2022-09-16 13:28

The cost of electricity in Australia's main grid was more than $6.7 billion in June, or around $750 per household for a single month.

The post Revealed: The extraordinary cost of “keeping the lights on” in month of June appeared first on RenewEconomy.

Categories: Around The Web

Works to begin on “world-first” green hydrogen electrolyser in Pilbara

Fri, 2022-09-16 12:30

Chichester Solar Farm Alinta FortescueARENA tips $47m into Australia’s first "substantial" renewable hydrogen project, and one of the largest so far in the world, putting it on track for completion in 2024.

The post Works to begin on “world-first” green hydrogen electrolyser in Pilbara appeared first on RenewEconomy.

Categories: Around The Web

Fracking: If Liz Truss wants a UK shale gas industry, she is 280 million years late

Fri, 2022-09-16 10:11

UK anti-fracking wikimedia commonsFracking in the UK has multiple commercial, technical and social challenges. The biggest of all may be that the oil and gas reserves are long gone.

The post Fracking: If Liz Truss wants a UK shale gas industry, she is 280 million years late appeared first on RenewEconomy.

Categories: Around The Web

Report reveals cost of undergrounding HumeLink – but is it a price worth paying?

Fri, 2022-09-16 09:05

How can we balance community concerns and wishes with cost? It’s a challenging task – made more challenging by the urgency of the shift to renewables. 

The post Report reveals cost of undergrounding HumeLink – but is it a price worth paying? appeared first on RenewEconomy.

Categories: Around The Web

Nine North Seas countries target 260GW of offshore wind by 2050

Thu, 2022-09-15 19:50

NSEC ministers agree to reach at least 260GW worth of offshore wind energy by 2050, more than 85% of the EU-wide target of 300GW by 2050.

The post Nine North Seas countries target 260GW of offshore wind by 2050 appeared first on RenewEconomy.

Categories: Around The Web

EU votes to curb tree burning for fuel, but falls short of phasing it out

Thu, 2022-09-15 15:06

Biomass bioenergy biofuels ARENA roadmap - optimisedNew revisions in EU woody biomass policy could see Australia take a lead role in ending the use of trees as a source of renewable energy in the future.

The post EU votes to curb tree burning for fuel, but falls short of phasing it out appeared first on RenewEconomy.

Categories: Around The Web

Renewables at record highs, fossil fuels at record low, with more to come

Thu, 2022-09-15 14:45

Renewables share nudges new peak of 62.94 per cent, with more records to fall in coming months.

The post Renewables at record highs, fossil fuels at record low, with more to come appeared first on RenewEconomy.

Categories: Around The Web

“Remarkable:” South Australia may soon be first big grid to run on renewables only

Thu, 2022-09-15 14:33

neoen tesla big battery hornsdaleSouth Australia closer to becoming first gigawatt scale grid in the world to run without any local fossil fuel or synchronous generation, a major milestone in transition to renewables.

The post “Remarkable:” South Australia may soon be first big grid to run on renewables only appeared first on RenewEconomy.

Categories: Around The Web

EU caps solar and wind profits, but says renewables only option to escape Putin’s “energy yoke”

Thu, 2022-09-15 14:08

EU announces plan to cap revenue of “infra-marginal" energy producers – including wind and solar – at €180/MWh. Renewables industry not impressed.

The post EU caps solar and wind profits, but says renewables only option to escape Putin’s “energy yoke” appeared first on RenewEconomy.

Categories: Around The Web

Zen Energy signs new-look offtake deal with teenaged wind farm

Thu, 2022-09-15 14:02

waubra wind farm accionaZen Energy bolsters its "baseload renewables" portfolio with an "industry-first" offtake deal with one of Australia's more senior wind power projects.

The post Zen Energy signs new-look offtake deal with teenaged wind farm appeared first on RenewEconomy.

Categories: Around The Web

Solar Insiders Podcast: Solar symphonies and eating coal’s lunch

Thu, 2022-09-15 12:30

rooftop solar Western AustraliaNew records for distributed solar around Australia as the country’s rooftop PV output continues to eat into the fossil fuel industry’s lunch.

The post Solar Insiders Podcast: Solar symphonies and eating coal’s lunch appeared first on RenewEconomy.

Categories: Around The Web

“Low cost” solar hydrogen project moves a step closer, as water source secured

Thu, 2022-09-15 12:05

Frontier Energy reaches agreement on critical water supplies for green hydrogen production at its Bristol Springs Renewable Energy Project.

The post “Low cost” solar hydrogen project moves a step closer, as water source secured appeared first on RenewEconomy.

Categories: Around The Web

German coal industry says more money needed to revive plants to save gas

Thu, 2022-09-15 09:33

vattenfall coal plantReadying retired German coal plants for use during the winter in case of gas shortfalls is not economically viable for the sector, Germany’s coal industry says.

The post German coal industry says more money needed to revive plants to save gas appeared first on RenewEconomy.

Categories: Around The Web

Wind energy hits record peak of 146 per cent of state demand in South Australia

Thu, 2022-09-15 00:26

Infigen Energy Lake Bonney Wind farm - optimisedWind output sets a new record peak of 146 per cent of state demand in South Australia.

The post Wind energy hits record peak of 146 per cent of state demand in South Australia appeared first on RenewEconomy.

Categories: Around The Web

No need for nuclear power to reach Australia’s climate goals: Finkel

Wed, 2022-09-14 21:45

Former chief scientist and current federal government advisor on low emissions technology says there is no need to include nuclear power in Australia's future energy.

The post No need for nuclear power to reach Australia’s climate goals: Finkel appeared first on RenewEconomy.

Categories: Around The Web

Pages