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News and analysis for the clean energy economy
Updated: 2 hours 53 min ago

Labor tips $45m into Australian pursuit of “ultra low cost” solar

Thu, 2022-06-23 22:30

 Anna kucera/UNSW)Albanese government commits $45 million to the push to cheaper and more efficient solar technologies, led by Australian Centre for Advanced Photovoltaics.

The post Labor tips $45m into Australian pursuit of “ultra low cost” solar appeared first on RenewEconomy.

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Energy Insiders Podcast: Smart technologies, dumb design

Thu, 2022-06-23 14:15

New deal for solar and batteries and the collapse of Enova highlight the good and bad of Australia’s energy transition. We speak to Evergen’s Ben Hutt and Enova founding chair Alison Crook.

The post Energy Insiders Podcast: Smart technologies, dumb design appeared first on RenewEconomy.

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Clean Energy Regulator mulls carbon offsets for mining waste and carbonates

Thu, 2022-06-23 13:59

 BHP).One of Australia's largest resources companies could soon claim carbon offsets for emissions captured from waste products of its mining operations.

The post Clean Energy Regulator mulls carbon offsets for mining waste and carbonates appeared first on RenewEconomy.

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Gippsland set to be named as Australia’s first offshore wind zone

Thu, 2022-06-23 13:47

Offshore wind turbines at Sunset - CanvaVictoria's Gippsland coast could soon host to Australia's first offshore wind projects and named the first 'special region' by the Albanese government.

The post Gippsland set to be named as Australia’s first offshore wind zone appeared first on RenewEconomy.

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Why the ESB’s “capacity mechanism” will make Australia’s energy crisis worse

Thu, 2022-06-23 13:44

Delta Electricity Vales Point coal fired power station - supplied 1 - optimisedWould a capacity mechanism have helped avoid this crisis? The short answer is no. The long answer is actually worse.

The post Why the ESB’s “capacity mechanism” will make Australia’s energy crisis worse appeared first on RenewEconomy.

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Renewables relieve price pressure as AEMO brings market back with training wheels

Thu, 2022-06-23 13:37

Lake bonney batteryAEMO starts staged return of National Electricity Market, with renewables providing some relief from the heavy cost of fossil fuels.

The post Renewables relieve price pressure as AEMO brings market back with training wheels appeared first on RenewEconomy.

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Energy retailers: It’s time to engage with your customers on solar, batteries and EVs

Thu, 2022-06-23 10:38

What can retailers do to survive the energy crisis instead of encouraging loyal customers to exit what could be a profitable and long-term relationship?

The post Energy retailers: It’s time to engage with your customers on solar, batteries and EVs appeared first on RenewEconomy.

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Australian oil and gas veterans launch offshore wind start-up with 9GW-scale plans

Wed, 2022-06-22 15:44

50MW Kincardine Offshore Windfarm ScotlandNew player emerges in Australia’s fledgling offshore wind industry with plans to deliver three large-scale floating offshore generation and storage projects.

The post Australian oil and gas veterans launch offshore wind start-up with 9GW-scale plans appeared first on RenewEconomy.

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Bowen presses ahead with capacity mechanism, plays down ‘coal keeper’ fears

Wed, 2022-06-22 15:37

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)Federal energy minister Chris Bowen wants to accelerate capacity mechanism introduction, while seeking to allay fears it will just prop up coal.

The post Bowen presses ahead with capacity mechanism, plays down ‘coal keeper’ fears appeared first on RenewEconomy.

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Enova: How Australia’s best green retailer became victim of fossil fuel energy war

Wed, 2022-06-22 15:28

Who killed Enova Energy? A market designed for big fossil fuel companies, and by rule makers who don't understand that small can be beautiful.

The post Enova: How Australia’s best green retailer became victim of fossil fuel energy war appeared first on RenewEconomy.

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Global clean energy investment “finally” starts to increase, says IEA

Wed, 2022-06-22 15:24

IEA says clean energy investment is “finally” starting to rise again and is expected to exceed $US1.4 trillion in 2022, but there are problems ahead.

The post Global clean energy investment “finally” starts to increase, says IEA appeared first on RenewEconomy.

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Solar Insiders Podcast: Death of a retailer

Wed, 2022-06-22 15:03

Enova Energy’s demise highlights failed structure of Australia’s energy market. Plus: Bizarre tariff stories, and a long drive in a Model Y.

The post Solar Insiders Podcast: Death of a retailer appeared first on RenewEconomy.

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Energy retailer cashes out of market after telling customers to go elsewhere

Wed, 2022-06-22 14:09

Small energy retailer LPE raises eyebrows after cashing in its hedging position and walking away with $22m, just weeks after advising customers to move on.

The post Energy retailer cashes out of market after telling customers to go elsewhere appeared first on RenewEconomy.

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Coal royalties: Queensland wins where NSW’s renewable energy superstar fears to tread

Wed, 2022-06-22 13:47

Queensland state government budget coal royaltiesThe difference between Queensland's new coal royalties and the lack of them in NSW is a staggering $10-20 billion, in a single year.

The post Coal royalties: Queensland wins where NSW’s renewable energy superstar fears to tread appeared first on RenewEconomy.

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AEMO to restore market trading as 4,000MW returns to operation

Wed, 2022-06-22 12:45

AEMO says it will lift a suspension of the entire National Electricity Market after supply pressures ease.cAEMO says a "clear improvement" in conditions will allow it to restore electricity market trading, as 4,000MW of capacity returns from outages.

The post AEMO to restore market trading as 4,000MW returns to operation appeared first on RenewEconomy.

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Infinite Green lays out wind, solar and battery plans for renewable hydrogen project

Wed, 2022-06-22 12:24

Infinite Green Energy lays out plans to build up to 235MW of wind and solar to produce green hydrogen at its Arrowsmith project in Western Australia.

The post Infinite Green lays out wind, solar and battery plans for renewable hydrogen project appeared first on RenewEconomy.

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Evergen to invest more in solar and battery controls after fund raising led by FRV

Wed, 2022-06-22 00:05

NSW-based energy software company closes $A15 million fundraising round led by FRV-X, and says new federal government is a green light for investors.

The post Evergen to invest more in solar and battery controls after fund raising led by FRV appeared first on RenewEconomy.

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Woodside sued over Scarborough gas plans, as fears raised over spill risk

Wed, 2022-06-22 00:01

Oil and gas giant Woodside is being taken to court by environment groups, seeking to halt the development of the Scarborough gas project.

The post Woodside sued over Scarborough gas plans, as fears raised over spill risk appeared first on RenewEconomy.

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Hardly anyone supports the ESB’s capacity market. So why is it still on the table?

Tue, 2022-06-21 15:33

The ESB's proposed capacity mechanism has very few supporters, even among the main generator lobby group. So why hasn't it been ditched for cheaper, smarter alternatives?

The post Hardly anyone supports the ESB’s capacity market. So why is it still on the table? appeared first on RenewEconomy.

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Queensland to lift taxes on coal producers in budget light on clean energy funding

Tue, 2022-06-21 15:09

Queensland state government budget coal royaltiesQueensland will increase royalties imposed on coal producers for the first time in a decade, but offered little by way of new clean energy funding.

The post Queensland to lift taxes on coal producers in budget light on clean energy funding appeared first on RenewEconomy.

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