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News and analysis for the clean energy economy
Updated: 2 hours 55 min ago

The NEM is suspended, and so is consumer trust – how can we get it back?

Thu, 2022-06-16 21:01

The National Electricity Market will be back up and running in a week, maybe two or three. But consumer trust and confidence? That will take a little more time.

The post The NEM is suspended, and so is consumer trust – how can we get it back? appeared first on RenewEconomy.

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World squanders “green recovery” as renewables dwarfed by huge fossil fuel subsidies

Thu, 2022-06-16 18:06

Research suggests the world has largely missed the chance for a 'green recovery' to the pandemic.Despite global renewables investment surging to a new high, the world has largely squandered a 'green recovery' to the Covid pandemic.

The post World squanders “green recovery” as renewables dwarfed by huge fossil fuel subsidies appeared first on RenewEconomy.

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Wind turbine collapses in “serious event” at WA wind farm

Thu, 2022-06-16 16:15

iberdrola alinta wind farm turbine collapseA wind turbine has collapsed at the Alinta wind farm in WA, buckling in half and falling into a canola field, and causing the 89MW project to be temporarily shut down.

The post Wind turbine collapses in “serious event” at WA wind farm appeared first on RenewEconomy.

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Energy Insiders Podcast: The energy crisis … and offshore wind

Thu, 2022-06-16 15:00

Offshore wind turbines at Sunset - CanvaAll the latest on Australia’s energy crisis, and an interview with offshore wind expert Alastair Dutton.

The post Energy Insiders Podcast: The energy crisis … and offshore wind appeared first on RenewEconomy.

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Roadblocks to the energy transition: Denial, opposition and lousy management

Thu, 2022-06-16 14:48

The problems with coal plants and their replacement is as much about lousy management as anything else. But Grok It! There is hope on the horizon.

The post Roadblocks to the energy transition: Denial, opposition and lousy management appeared first on RenewEconomy.

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New wind output records in Victoria and S.A. as delayed projects unshackled

Thu, 2022-06-16 13:16

New wind output records in Victoria and South Australia set this week, as two of the country's biggest and most delayed wind projects suddenly unshackled.

The post New wind output records in Victoria and S.A. as delayed projects unshackled appeared first on RenewEconomy.

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Albanese locks in Australia’s higher 2030 emissions reduction target

Thu, 2022-06-16 13:09

Prime Minister Anthony Albanese and Australian Minister for Climate Change Chris Bowen pose for photographs after signing the Nationally Determined Contribution to a 43% cut in emissions by 2030. (AAP Image/Lukas Coch)Albanese formally commits Australia to a stronger 2030 emissions reduction target, as Bowen blames energy crisis on slow renewables investment.

The post Albanese locks in Australia’s higher 2030 emissions reduction target appeared first on RenewEconomy.

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Market failure: Why no one trusts fossil generators to “do the right thing”

Thu, 2022-06-16 13:08

What makes Matt Kean think fossil fuel generators would start to do the right thing now? For the past two decades or more, they have done everything but.

The post Market failure: Why no one trusts fossil generators to “do the right thing” appeared first on RenewEconomy.

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Tasmania calls for new renewable generation – and load – as first REZ takes shape

Thu, 2022-06-16 13:07

Tasmania government launches ROI for new renewables and storage and for businesses seeking renewable electrical loads.

The post Tasmania calls for new renewable generation – and load – as first REZ takes shape appeared first on RenewEconomy.

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“The problem is not renewables:” Bowen puts Uhlmann back in his coal box

Thu, 2022-06-16 13:05

Labor's energy spokesman Chris Bowen addresses media following an announcement from the Australian Energy Regulator. (AAP Image/Nikki Short)Federal energy minister Chris Bowen says more renewables and storage needed to solve current crisis and propping up coal is not the answer.

The post “The problem is not renewables:” Bowen puts Uhlmann back in his coal box appeared first on RenewEconomy.

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Why Australia’s National Electricity Market was suspended – and what happens next

Thu, 2022-06-16 09:57

united Power lines in black and white - optimisedHow did we get here? What's likely to happen next? And what does it all mean for energy users?

The post Why Australia’s National Electricity Market was suspended – and what happens next appeared first on RenewEconomy.

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Vast Solar and 1414 team up for new attempt at Port Augusta solar storage hub

Thu, 2022-06-16 06:35

Vast Solar and thermal storage hopeful 1414 Degrees to join forces to try and finally deliver long awaited solar thermal project near Port Augusta.

The post Vast Solar and 1414 team up for new attempt at Port Augusta solar storage hub appeared first on RenewEconomy.

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AEMO warns of tight electricity supplies in NSW, after seizing control of market

Wed, 2022-06-15 16:56

electricity network transmission infrastructure AEMC - optimisedAEMO chief Daniel Westerman warns NSW faces a night of tight electricity supplies, as the market operator takes control of the National Electricity Market.

The post AEMO warns of tight electricity supplies in NSW, after seizing control of market appeared first on RenewEconomy.

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Great Solar Business Podcast: Is solar a good career move?

Wed, 2022-06-15 15:01

solar installWe explore the pros and cons of making a move into the solar industry with Thornton DeVoy from Solar Analytics.

The post Great Solar Business Podcast: Is solar a good career move? appeared first on RenewEconomy.

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Labor resources minister’s support for Narrabri gas project labelled “disrespectful”

Wed, 2022-06-15 14:59

The Liverpool Plains in New South Wales.Opponents to the Narrabri gas project comments from the new federal resources minister backing the project are "ill-informed".

The post Labor resources minister’s support for Narrabri gas project labelled “disrespectful” appeared first on RenewEconomy.

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“Impossible to operate:” AEMO declares suspension of electricity spot market

Wed, 2022-06-15 14:26

power lines network infrastructure ARENA Monash Grid Innovation Hub - optimisedAEMO declares that it has suspended electricity markets across the entire NEM, because it has become "impossible to operate" within the rules.

The post “Impossible to operate:” AEMO declares suspension of electricity spot market appeared first on RenewEconomy.

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Dumb and illegal: Regulators read the riot act to striking generators

Wed, 2022-06-15 10:12

AEMC demand response decision Finger Pointing To Electric Meter Reading - optimisedAEMC tells striking generators that holding out for supposedly higher price by waiting for a market direction may be self defeating, and likely illegal.

The post Dumb and illegal: Regulators read the riot act to striking generators appeared first on RenewEconomy.

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What will an Australia offshore wind farm look like? Here’s a video glimpse

Wed, 2022-06-15 09:14

Developers of one of Australia's first proposed offshore wind farm publish a 'visual simulation' of the project.

The post What will an Australia offshore wind farm look like? Here’s a video glimpse appeared first on RenewEconomy.

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BP takes major position in one of world’s biggest green hydrogen hubs in Pilbara

Wed, 2022-06-15 09:00

Oil giant bp takes significant stake in $30 billion Asian Renewable Hub featuring 26GW of wind and solar and big green hydrogen and ammonia ambitions.

The post BP takes major position in one of world’s biggest green hydrogen hubs in Pilbara appeared first on RenewEconomy.

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Governments must lead on social license, says report – our energy security depends on it

Wed, 2022-06-15 08:31

Major new report says now is the time for governments to win communities over to renewables, or risk major delays to an increasingly urgent transition.

The post Governments must lead on social license, says report – our energy security depends on it appeared first on RenewEconomy.

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