RenewEconomy
Kean goes deep green with budget that links climate action with future prosperity
With his first state budget, NSW treasurer Matt Kean shows green energy technologies and future prosperity will go hand-in-hand.
The post Kean goes deep green with budget that links climate action with future prosperity appeared first on RenewEconomy.
ESB’s capacity market proposal could cost billions, more than the carbon price
The ESB has looked at only one side of the capacity question. If energy ministers do not support its proposals, then the ESB should be wound up.
The post ESB’s capacity market proposal could cost billions, more than the carbon price appeared first on RenewEconomy.
Vale Philip Sutton: Big picture strategist, courageous thinker, climate activist
Australia is mourning the loss of a trailblazing climate activist and strategist, who made the case for emergency action more than a decade ago in Climate Code Red.
The post Vale Philip Sutton: Big picture strategist, courageous thinker, climate activist appeared first on RenewEconomy.
Australia’s first community-owned energy retailer falls victim to market chaos
Byron Bay based Enova Energy has entered into voluntary administration, the highest profile victim of the fossil fuelled crisis in the National Electricity Market.
The post Australia’s first community-owned energy retailer falls victim to market chaos appeared first on RenewEconomy.
Australia has a once in a lifetime chance to break stranglehold fossil fuels have on politics
To foster climate politics based on integrity, first we need an honest conversation about the extent to which the fossil fuel industry has captured Australian politics.
The post Australia has a once in a lifetime chance to break stranglehold fossil fuels have on politics appeared first on RenewEconomy.
Huge NSW wind project locks in offtake deal with Snowy Hydro
Construction of a 414MW wind farm in central western NSW to go ahead later this year after signing a PPA with gen-tailer Snowy Hydro.
The post Huge NSW wind project locks in offtake deal with Snowy Hydro appeared first on RenewEconomy.
EnergyAustralia takes $1.3 billion hit due to coal outages and soaring prices
EnergyAustralia reveals huge losses due to coal plant outages and soaring prices, highlighting how coal generators were big beneficiaries of price cap and market suspension.
The post EnergyAustralia takes $1.3 billion hit due to coal outages and soaring prices appeared first on RenewEconomy.
Whose fault is the energy and climate fiasco?
In a perverse way, the Coalition government can take much of the credit for renewables progress over the past decade, grossly inadequate as it was.
The post Whose fault is the energy and climate fiasco? appeared first on RenewEconomy.
Bowen handballs capacity mechanism fossil fuel choice to states
Bowen says individual states will decide which technologies are in or out of a proposed capacity mechanism, but they must help deliver emissions targets.
The post Bowen handballs capacity mechanism fossil fuel choice to states appeared first on RenewEconomy.
ACCC to probe potential generator “misconduct” during market price cap
ACCC says it is looking into potential "misconduct" by generators during the recent price cap on electricity markets and forecast supply shortages.
The post ACCC to probe potential generator “misconduct” during market price cap appeared first on RenewEconomy.
Energy Estate seeks $500m in capital to fast-track huge development pipeline
Australian renewables outfit reveals plans for $A500 million-plus capital raise, to underwrite its large and diverse development pipeline.
The post Energy Estate seeks $500m in capital to fast-track huge development pipeline appeared first on RenewEconomy.
AGL taps industry partners for green hydrogen hub at Torrens Island
AGL convenes consortium of industry partners to consider redevelopment of Torrens Island into a green hydrogen industrial hub.
The post AGL taps industry partners for green hydrogen hub at Torrens Island appeared first on RenewEconomy.
Why isn’t the ESB designing a policy to bring on bulk renewable energy?
Introducing new market designs - like those put forward by the ESB - without an explicit statement of the carbon implications is beyond the pale.
The post Why isn’t the ESB designing a policy to bring on bulk renewable energy? appeared first on RenewEconomy.
Coal included in re-heated proposal for controversial capacity payments
"Coalkeeper" looms large as the ESB insists it is "more efficient" to keep existing coal generators online. Just a shame about the environment.
The post Coal included in re-heated proposal for controversial capacity payments appeared first on RenewEconomy.
AEMO suspends new wind and solar projects as it battles to deal with market crisis
Some wind and solar farm developers told that commissioning and approvals have been suspended in the current energy market crisis.
The post AEMO suspends new wind and solar projects as it battles to deal with market crisis appeared first on RenewEconomy.
Kean seizes special powers over coal supplies for old, unreliable “bits of machinery”
Coal to the rescue? Hardly. NSW energy minister underscores the unreliable nature of Australia's remaining coal plants – "particularly when we need them."
The post Kean seizes special powers over coal supplies for old, unreliable “bits of machinery” appeared first on RenewEconomy.
US auto giant backs niche floating wall of wind turbines technology
GM Ventures leads investment round to help fund development and commercialisation of start-up behind massive, floating wall of wind turbines.
The post US auto giant backs niche floating wall of wind turbines technology appeared first on RenewEconomy.
Watch out for “net zero induced technical faults” – they might be contagious
Right wing think tanks says "real Australians" are being hit by "net zero induced" technical faults in coal plants. And we wonder how we got in this mess.
The post Watch out for “net zero induced technical faults” – they might be contagious appeared first on RenewEconomy.
More than 1GW of battery storage to replace coal in world’s biggest isolated grid
How will the WA government prepare for the closure of its last two coal generators? Lots of wind, solar and batteries.
The post More than 1GW of battery storage to replace coal in world’s biggest isolated grid appeared first on RenewEconomy.
“Australia is under new management”: Bowen tells clean energy investors
Federal climate minister Chris Bowen says Australia now "open for business", calling on investors to seize a $130 billion green investment opportunity.
The post “Australia is under new management”: Bowen tells clean energy investors appeared first on RenewEconomy.