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News and analysis for the clean energy economy
Updated: 3 min 42 sec ago

Social licence and emissions cuts to be embedded in Victoria’s new grid plans

Thu, 2022-07-07 14:38

Australia transmission network infrastructure - canva - optimisedVictoria seeks feedback on its proposed grid investment framework, as it prepares to replace the state's coal plants with Renewable Energy Zones.

The post Social licence and emissions cuts to be embedded in Victoria’s new grid plans appeared first on RenewEconomy.

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EnergyAustralia downgraded over coal plant breakdowns, coal supply shortages

Thu, 2022-07-07 14:31

Repeated breakdowns and coal supply shortages have led to a significant ratings downgrade of EnergyAustralia.

The post EnergyAustralia downgraded over coal plant breakdowns, coal supply shortages appeared first on RenewEconomy.

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Works start at big NSW solar project that will help power NBN

Thu, 2022-07-07 13:57

 Gavin Williams, Chief Development Officer at NBN Co; federal minister for communications Michelle Rowland, Nationals MP Michael McCormack, Bland Shire Council's Ray Smith, and Mytilineos' General Manager Ian Kirkham. (Supplied).Construction works starts at the Wylong solar farm in central NSW, which will supply power to the National Broadband Network.

The post Works start at big NSW solar project that will help power NBN appeared first on RenewEconomy.

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Australia has finally accepted climate change as a national security threat. What next?

Thu, 2022-07-07 10:22

Flooding in Gympie, in Queensland, on 27 February (AAP Image/Supplied by Infinity Flights Photography).The Albanese government review of climate and security risk is a crucial first step in preparing Australia for the dangers ahead. But it must avoid these five pitfalls.

The post Australia has finally accepted climate change as a national security threat. What next? appeared first on RenewEconomy.

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Solar duck curve: Why we must fix the cause and not just the symptoms

Thu, 2022-07-07 10:03

Australia leads the rest of the world in the generation of rooftop solar. However, the same cannot be said about the take-up of household batteries.

The post Solar duck curve: Why we must fix the cause and not just the symptoms appeared first on RenewEconomy.

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Germany plans 32GW of new wind and solar a year to meet 2030 renewables target

Thu, 2022-07-07 09:56

Germany aims for 80pct by 2030 with target of 32GW of new wind and solar a year, plus offshore wind and green hydrogen targets.

The post Germany plans 32GW of new wind and solar a year to meet 2030 renewables target appeared first on RenewEconomy.

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Construction starts at Andrew Forrest-backed $3 billion renewable energy precinct

Wed, 2022-07-06 18:34

Construction starts at the massive $3 billion Clarke Creek renewables precinct in Queensland. The Andrew Forrest-backed project could become Australia's largest.

The post Construction starts at Andrew Forrest-backed $3 billion renewable energy precinct appeared first on RenewEconomy.

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Price cap avoided for now: Did someone have a quiet word, or did solar save the day?

Wed, 2022-07-06 15:20

The spot price in Queensland did not surge towards the price cap as expected. Did someone have a quiet word, or did technology save the day?

The post Price cap avoided for now: Did someone have a quiet word, or did solar save the day? appeared first on RenewEconomy.

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Genex refinances solar farms to help it cash in on high spot market prices

Wed, 2022-07-06 15:16

genex kidston solar farm jemalongGenex Power announces refinancing move to better profit from its solar generation assets, including the consistently high performing Kidston project.

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“We’re not there yet:” Bowen says capacity design needs flexibility and emissions goal

Wed, 2022-07-06 14:41

Federal Minister for Climate Change and Energy Chris Bowen (right) and AEMO chief executive Daniel Westerman (left) speaks to media during a press conference in Sydney. (AAP Image/Dean Lewins)Chris Bowen says capacity market not finalised, and needs to allow for flexibility and emissions. And, unlike his predecessor, he promises to visit wind and solar farms.

The post “We’re not there yet:” Bowen says capacity design needs flexibility and emissions goal appeared first on RenewEconomy.

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Clean energy investors say grid congestion issues pushing developers offshore

Wed, 2022-07-06 14:37

Clean Energy Investor Group calls on market regulators to accelerate market reforms, saying investors may look to other countries.

The post Clean energy investors say grid congestion issues pushing developers offshore appeared first on RenewEconomy.

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Renewables supply nearly half of German power demand in first half 2022

Wed, 2022-07-06 14:37

New data shows renewable energy supplied roughly half of Germany’s electricity demand for the first half of 2022, boosted by more wind and solar.

The post Renewables supply nearly half of German power demand in first half 2022 appeared first on RenewEconomy.

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Energy Insiders Podcast: Federal climate and energy minister Chris Bowen

Wed, 2022-07-06 12:59

Federal minister for Climate Change Chris Bowen speaks to media during a press conference at Parliament House in Canberra. (AAP Image/Lukas Coch)Chris Bowen discusses the energy crisis and the speed of the energy transition, capacity market design, emissions targets, EVs, and actually going to see wind and solar farms.

The post Energy Insiders Podcast: Federal climate and energy minister Chris Bowen appeared first on RenewEconomy.

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Solar Insiders Podcast: Will angry consumers quit the grid?

Wed, 2022-07-06 09:13

Household solar and battery storage plays a key role in AEMO’s future plans, but angry consumers might choose to go their own way.

The post Solar Insiders Podcast: Will angry consumers quit the grid? appeared first on RenewEconomy.

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“Stunning collapse in confidence:” Consumer lose trust in energy markets

Wed, 2022-07-06 06:00

AEMC demand response decision Finger Pointing To Electric Meter Reading - optimisedConsumer confidence in energy markets has collapsed in the last month, with warnings that many will choose to "go their own way".

The post “Stunning collapse in confidence:” Consumer lose trust in energy markets appeared first on RenewEconomy.

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ARENA shortlists 3GW of “advanced” big batteries essential for 100pct renewable grid

Tue, 2022-07-05 22:30

ARENA swamped by applications for $100 million big battery grant round, shortlists 12 projects looking to provide "advanced" inverters essential for renewable grid.

The post ARENA shortlists 3GW of “advanced” big batteries essential for 100pct renewable grid appeared first on RenewEconomy.

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Once in a lifetime green industry opportunity needs once in a lifetime policy

Tue, 2022-07-05 20:45

The Port Kembla industrial area in NSW emissions safeguard mechanismFor a long time, Australian governments have dreamed of making stuff again. Australia now has the opportunity for new industry and to flourish in a net zero world.

The post Once in a lifetime green industry opportunity needs once in a lifetime policy appeared first on RenewEconomy.

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Chart of the Day: Sunshine state shows off solar potential in middle of winter

Tue, 2022-07-05 14:39

Sea of maroon: Nine out of ten of the best performing solar farms in the month of June were in Queensland.

The post Chart of the Day: Sunshine state shows off solar potential in middle of winter appeared first on RenewEconomy.

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Queensland generators pull capacity as energy market lurches into new crisis

Tue, 2022-07-05 14:12

AEMO says it will lift a suspension of the entire National Electricity Market after supply pressures ease.cSudden withdrawal of capacity in Queensland adds to chaos in electricity market as prices surges to price cap, risking yet another suspension.

The post Queensland generators pull capacity as energy market lurches into new crisis appeared first on RenewEconomy.

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Alinta calls for urgent doubling of electricity price cap, as fossil fuel costs soar

Tue, 2022-07-05 13:30

Alinta calls for price cap to be doubled to help cover the soaring cost of fossil fuels and coal and gas generation.

The post Alinta calls for urgent doubling of electricity price cap, as fossil fuel costs soar appeared first on RenewEconomy.

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