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News and analysis for the clean energy economy
Updated: 2 hours 40 min ago

“Breakthrough:” Bluescope, Vestas back $42.5m raising for Australian hydrogen start-up

Tue, 2022-08-02 07:55

Hysata, an Australian start-up claiming the world's most efficient and lowest cost green hydrogen electrolyser, raises $42.5 million for its first pilot plant.

The post “Breakthrough:” Bluescope, Vestas back $42.5m raising for Australian hydrogen start-up appeared first on RenewEconomy.

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Clean energy celebrates as US coal senator supports “red, white and blue” climate bill

Mon, 2022-08-01 15:24

Relief after backflip by coal Senator and billionaire Joe Manchin paves way for new bill that promises to slash US emissions by 40 per cent.

The post Clean energy celebrates as US coal senator supports “red, white and blue” climate bill appeared first on RenewEconomy.

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Home is where the heart is – or should be – on energy and climate policy

Mon, 2022-08-01 15:22

rooftop solar Western AustraliaIf we are to lower energy bills and meet our climate targets, then households and communities must move to the centre of energy and climate policy.

The post Home is where the heart is – or should be – on energy and climate policy appeared first on RenewEconomy.

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NSW plans new “firming” tenders to support renewables, electrification and EV switch

Mon, 2022-08-01 15:08

NSW Treasurer Matt Kean hands down the 2022-2023 NSW State Budget in the Legislative Assembly at NSW Parliament House in Sydney (AAP Image/Dean Lewins)NSW plans to roll out additional "firming" tenders to cope with increased demand driven by electrification and the switch to electric vehicles.

The post NSW plans new “firming” tenders to support renewables, electrification and EV switch appeared first on RenewEconomy.

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Plans emerge for new 150MW wind farm in WA wheatbelt

Mon, 2022-08-01 14:36

Plans have emerged for 150MW wind farm in Western Australia's wheatbelt region.

The post Plans emerge for new 150MW wind farm in WA wheatbelt appeared first on RenewEconomy.

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“Held to ransom:” Damning report shows gas cartel throwing away social licence

Mon, 2022-08-01 14:19

The federal government warns the Australian gas industry it is losing its social license after the release of a damning report from Australia’s competition watchdog.

The post “Held to ransom:” Damning report shows gas cartel throwing away social licence appeared first on RenewEconomy.

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Solar and storage developer Genex says no to Atlassian billionaire’s bid

Mon, 2022-08-01 08:54

genex kidston pumped hydro storage solar queensland - optimisedSolar and storage developer Genex says no to the overtures of Atlassian co-founder and a private equity fund run by former Macquarie bankers.

The post Solar and storage developer Genex says no to Atlassian billionaire’s bid appeared first on RenewEconomy.

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Big spinning machines remove constraints on wind and solar

Mon, 2022-08-01 07:52

Constraints on wind and solar are at the lowest level in more than three years.

The post Big spinning machines remove constraints on wind and solar appeared first on RenewEconomy.

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Australia’s biggest solar project is still waiting for PV module deliveries

Sat, 2022-07-30 17:38

Neoen concedes problems with module deliveries at Australia's biggest solar project, but says it should be complete on schedule.

The post Australia’s biggest solar project is still waiting for PV module deliveries appeared first on RenewEconomy.

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Queensland posts new solar output record in winter, but renewables growth has stalled

Sat, 2022-07-30 12:24

Queensland sets new output record for large scale solar in middle of winter, but its growth in renewable production has stalled compared to other states.

The post Queensland posts new solar output record in winter, but renewables growth has stalled appeared first on RenewEconomy.

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Origin reports LNG earnings windfall, but is still scratching around for coal

Fri, 2022-07-29 14:39

Origin reports windfall gains from gas generation, a $2.2 billion hit from the electricity market crisis crunch, and is still seeking coal to feed its biggest generator.

The post Origin reports LNG earnings windfall, but is still scratching around for coal appeared first on RenewEconomy.

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CSIRO reminds our leaders that it’s the climate science that counts

Fri, 2022-07-29 14:31

Australia's bushfire threat is beyond 'worst case scenario's experts say. (AAP Image/Darren Pateman)If Australia legislates its climate targets and then misses them, what happens? The CSIRO "future world" report reminds us the outlook is grim.

The post CSIRO reminds our leaders that it’s the climate science that counts appeared first on RenewEconomy.

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Two cheers for the tightening of the safeguard mechanism

Fri, 2022-07-29 12:58

emissions-smoke-stack-research-sustainability---canva-EditTightening safeguards is sound policy, but misses easy pickings from electricity and transport, and risks being rendered pointless by new coal and gas projects.

The post Two cheers for the tightening of the safeguard mechanism appeared first on RenewEconomy.

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“We make good money for a great service:” Big batteries boost Neoen profits and outlook

Fri, 2022-07-29 12:51

big battery neoen tesla victoriaNeoen trebles earnings from its Australian big batteries, helped by new Victorian Big Battery and the volatile markets.

The post “We make good money for a great service:” Big batteries boost Neoen profits and outlook appeared first on RenewEconomy.

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Race on to build renewable “superhighway” as network makes case for VNI West

Fri, 2022-07-29 11:45

transmission towersTransgrid and AEMO make case for VNI West as best option for linking north-west Victoria and south-east NSW, promise nearly $700m in net benefits.

The post Race on to build renewable “superhighway” as network makes case for VNI West appeared first on RenewEconomy.

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Batteries and pumps revel in market volatility; the price cap not so much

Fri, 2022-07-29 09:39

Victoria big battery neoen TeslaFor the first time, big batteries made more money out of energy arbitrage than they did out of frequency control markets.

The post Batteries and pumps revel in market volatility; the price cap not so much appeared first on RenewEconomy.

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“Opportunity cost:” The role played by Snowy’s hydro plants in electricity price spike

Fri, 2022-07-29 00:10

Hydro power is not supposed to cost much, and last quarter it was rarely used but set the price nearly half the time - at an average of more than $300/MWh. Why?

The post “Opportunity cost:” The role played by Snowy’s hydro plants in electricity price spike appeared first on RenewEconomy.

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AEMO urges quicker shift to renewables amid coal failures and soaring fossil fuel costs

Fri, 2022-07-29 00:01

AEMO says fossil fuel crisis makes it clear Australia needs to accelerate its shift to wind, solar and storage to deliver cheap and reliable energy.

The post AEMO urges quicker shift to renewables amid coal failures and soaring fossil fuel costs appeared first on RenewEconomy.

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RES switches on spinning machine to support big Victorian wind farm

Thu, 2022-07-28 17:04

RES switches on synchronous condenser to support the second stage of the huge Murra Warra wind farm in western Victoria.

The post RES switches on spinning machine to support big Victorian wind farm appeared first on RenewEconomy.

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Transgrid ticks off first ISP job: Queensland-NSW interconnector upgrade

Thu, 2022-07-28 14:35

Transgrid QNI upgradeTransgrid completes $236m QNI upgrade to increase the flow of electricity between the two states and reduce network constraints.

The post Transgrid ticks off first ISP job: Queensland-NSW interconnector upgrade appeared first on RenewEconomy.

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