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News and analysis for the clean energy economy
Updated: 36 min 53 sec ago

Costs for new build wind and solar have jumped, but nothing like those of fossil fuels

Fri, 2022-07-01 12:06

BNEF reports temporary cost rises for renewables, driven by increased cost of materials, freight, fuel and labor. But solar and wind are still way cheaper than coal and gas.

The post Costs for new build wind and solar have jumped, but nothing like those of fossil fuels appeared first on RenewEconomy.

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Green steelmaking needs urgent advances in technology and mining

Fri, 2022-07-01 12:04

 Canva).Technology to cut steelmaking emissions is in the early stages, but such transitions can accelerate, as shown by wind and solar.

The post Green steelmaking needs urgent advances in technology and mining appeared first on RenewEconomy.

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IEA data exposes “technology not taxes” myth of former Morrison government

Fri, 2022-07-01 10:13

Public funding of energy research collapsed under the Coalition, with more funds spent on fossil fuel technologies than renewables, IEA data shows.

The post IEA data exposes “technology not taxes” myth of former Morrison government appeared first on RenewEconomy.

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“Cost difference is staggering:” Why AEMO roadmap falls short of 100% renewables

Fri, 2022-07-01 10:13

AEMO's main roadmap shows Australia's main grid getting close, but not quite, to 100 per cent renewables over a year. Here's why.

The post “Cost difference is staggering:” Why AEMO roadmap falls short of 100% renewables appeared first on RenewEconomy.

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AGL says Brookfield has quietly upped shareholding, reviving takeover speculation

Thu, 2022-06-30 12:26

An electric vehicle with AGL BrandingAGL reveals that Canadian investment giant Brookfield quietly increased its stake in the energy company, reviving takeover speculation.

The post AGL says Brookfield has quietly upped shareholding, reviving takeover speculation appeared first on RenewEconomy.

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Australia is becoming a global hotbed for climate change lawsuits

Thu, 2022-06-30 09:01

 James Zadro/Greenpeace).New research shows Australia ranks as one of the most litigious on climate change, as the number of lawsuits launched globally continues to surge.

The post Australia is becoming a global hotbed for climate change lawsuits appeared first on RenewEconomy.

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Coal may exit Australia’s grid a lot quicker than most people think

Thu, 2022-06-30 00:30

 Greenspot/Liberty Industrial).AEMO roadmap still assumes all brown coal generation gone by 2032, but future roadmaps may point to black coal generators closing around the same time.

The post Coal may exit Australia’s grid a lot quicker than most people think appeared first on RenewEconomy.

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Wind and solar facing 20 per cent curtailment in high renewables grid

Thu, 2022-06-30 00:10

Wind and solar face curtailment rates of up to 20 per cent in a high renewables grid, because it may no longer be economic to store excess power.

The post Wind and solar facing 20 per cent curtailment in high renewables grid appeared first on RenewEconomy.

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“Rapid and irreversible:” AEMO says energy crisis is accelerating switch to renewables

Thu, 2022-06-30 00:01

AEMO says the energy chaos is likely to accelerate the switch to renewables, but the scale of the transition is immense, and the need to act is urgent.

The post “Rapid and irreversible:” AEMO says energy crisis is accelerating switch to renewables appeared first on RenewEconomy.

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NSW backs three solar and battery recycling plants in new state funding round

Wed, 2022-06-29 14:39

records clean energy regulator Electrical borer by the solar panels - optimisedFive New South Wales solar and battery recycling initiatives receive combined total of $7.4m in state government funding.

The post NSW backs three solar and battery recycling plants in new state funding round appeared first on RenewEconomy.

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Europe saw Morrison’s Australia as “handbrake” on global climate action, Albanese says

Wed, 2022-06-29 14:24

Australian Prime Minister Anthony Albanese speaks to the media during a press conference ahead of the NATO Leaders’ Summit in Madrid. (AAP Image/Lukas Coch)Anthony Albanese says Scott Morrison's recalcitrance on climate change almost scuttled a major trade deal with the European Union.

The post Europe saw Morrison’s Australia as “handbrake” on global climate action, Albanese says appeared first on RenewEconomy.

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G7 says no compromise on climate goals despite global energy crisis

Wed, 2022-06-29 14:17

G7 western economies reaffirm commitment to climate goals while tackling ongoing energy crisis. But climate activists are not happy.

The post G7 says no compromise on climate goals despite global energy crisis appeared first on RenewEconomy.

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Labor to introduce legislation for climate targets and EV tax cuts in first week of parliament

Wed, 2022-06-29 13:34

Shadow Minister for Climate Change and Energy Chris Bowen addresses the National Press Club in Canberra, (AAP Image/Lukas Coch).Labor will seek to legislate its 2030 target, EV tax cuts and a revival of the Climate Change Authority during the first week of the new parliament.

The post Labor to introduce legislation for climate targets and EV tax cuts in first week of parliament appeared first on RenewEconomy.

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Australian thermal storage start-up nears production at Newcastle plant

Wed, 2022-06-29 13:03

MGA Thermal CEO Erich Kisi and CTO Alex Post (Supplied).MGA Thermal says it hopes to be producing 1MWh a day of stackable thermal storage blocks by year’s end at its new commercial facility in Newcastle.

The post Australian thermal storage start-up nears production at Newcastle plant appeared first on RenewEconomy.

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Gas exporters sucking gas out of domestic market in middle of crisis, data shows

Wed, 2022-06-29 12:46

Liquefied natural gas lng carrier ship with five tanks 1200 - optimisedAustralia's LNG exporters are contributing to an ongoing energy crisis, by diverting gas away from the domestic market, AER data confirms.

The post Gas exporters sucking gas out of domestic market in middle of crisis, data shows appeared first on RenewEconomy.

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Great Solar Business Podcast: Marketing and PR for PV companies

Wed, 2022-06-29 11:28

Olivia Smith from PositiveGood discusses where and how PR fits into your marketing toolkit.

The post Great Solar Business Podcast: Marketing and PR for PV companies appeared first on RenewEconomy.

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New generation and storage pipeline reaches 150GW as AEMO prepares its plan

Wed, 2022-06-29 08:42

AEMO revealed new generation and project proposals now total more than 150GW, as it prepares to release latest 20-blueprint of how to connect it all to the grid.

The post New generation and storage pipeline reaches 150GW as AEMO prepares its plan appeared first on RenewEconomy.

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How Labor might transform Abbott’s climate policy and actually cut industrial emissions

Wed, 2022-06-29 00:01

Minister for Climate Change and Energy Chris Bowen speaks to media during a press conference at Parliament House in Canberra, Thursday, June 2, 2022. (AAP Image/Mick Tsikas) NO ARCHIVINGLabor will rely on Abbott-era climate policy to deliver the bulk of emissions cuts to hit its 2030 target. It must avoid making the same policy mistakes.

The post How Labor might transform Abbott’s climate policy and actually cut industrial emissions appeared first on RenewEconomy.

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Tesla big battery fined for failing to deliver promised capacity when coal plant tripped

Tue, 2022-06-28 17:34

neoen tesla big battery hornsdaleHornsdale big battery fined over response to market when country's biggest coal unit failed, and AGL wind farms fined over settings in lead up to South Australia blackout.

The post Tesla big battery fined for failing to deliver promised capacity when coal plant tripped appeared first on RenewEconomy.

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WA targets more than 1,000 standalone power systems, with $37m funding boost

Tue, 2022-06-28 14:24

 Western Power).WA tips another $37m to deploy 180 standalone power systems across the state, as it aims for 1,000 over four years.

The post WA targets more than 1,000 standalone power systems, with $37m funding boost appeared first on RenewEconomy.

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