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News and analysis for the clean energy economy
Updated: 2 hours 56 min ago

South32 ditches big Australian coal mine boost, saying costs no longer add up

Tue, 2022-08-23 15:15

Coal mining at an open pit clive palmer waratah coal galilee basin-3 - optimisedSouth 32 cancels a controversial expansion of the Dendrobium coal mine, saying it is looking to spend money on low carbon investments.

The post South32 ditches big Australian coal mine boost, saying costs no longer add up appeared first on RenewEconomy.

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Solar’s growing daytime dominance caps a miserable winter for ageing coal plants

Tue, 2022-08-23 14:29

Solar output first beat coal in winter just over a year ago, but it is now happening more often, and by a greater margin.

The post Solar’s growing daytime dominance caps a miserable winter for ageing coal plants appeared first on RenewEconomy.

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Ampol prepares retail electricity pilot, as it shifts from the forecourt into homes

Tue, 2022-08-23 14:05

Ampol CEO Matt Halliday, (Supplied).Petrol refiner and retailer reveals further details of its plan to take on the Australian retail energy market, starting with a pilot fuel plus electricity offer.

The post Ampol prepares retail electricity pilot, as it shifts from the forecourt into homes appeared first on RenewEconomy.

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Coal plant outages and rebidding: Why electricity prices surged towards market cap

Tue, 2022-08-23 10:21

Origin Energy's Eraring power station.Latest regulatory report shows how multiple coal plant outages left electricity market at mercy of ... other coal plants to rebid small amounts of capacity to guarantee price spikes.

The post Coal plant outages and rebidding: Why electricity prices surged towards market cap appeared first on RenewEconomy.

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“Start of a new era:” Market operator bulks up to manage accelerating switch to renewables

Tue, 2022-08-23 09:45

Lake Bonney big batteryAEMO is bulking up with a vastly increased budget to manage the engineering challenges of a rapidly accelerating switch to renewables and storage.

The post “Start of a new era:” Market operator bulks up to manage accelerating switch to renewables appeared first on RenewEconomy.

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Rio Tinto starts commissioning Gudai-Darri solar farm, and Tom Price battery

Mon, 2022-08-22 21:12

The first solar farm to power one of Rio Tinto's huge iron ore mines begins commissioning, as does a new big battery on the same network.

The post Rio Tinto starts commissioning Gudai-Darri solar farm, and Tom Price battery appeared first on RenewEconomy.

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Can aluminium be used as ultra long term storage for renewable energy and heat?

Mon, 2022-08-22 21:00

aluminium unplash - optimisedResearch group is looking at how aluminium can be used to store renewable power as energy and heat - for months or even years.

The post Can aluminium be used as ultra long term storage for renewable energy and heat? appeared first on RenewEconomy.

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Fossil fuel industry may have lost power, but it’s still got its foot on the brakes

Mon, 2022-08-22 15:18

The EV Summit in Canberra will likely emerge as a pivotal moment in Australia's transition to electric vehicles. But there are still powerful forces at work trying to slow it down.

The post Fossil fuel industry may have lost power, but it’s still got its foot on the brakes appeared first on RenewEconomy.

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Even a one year delay in new transmission links will hurt homes and businesses

Mon, 2022-08-22 15:03

AEMO says it will lift a suspension of the entire National Electricity Market after supply pressures ease.cNew modelling shows the impact on consumer electricity bills of delays to the electricity transmission upgrade and build – and it's not pretty.

The post Even a one year delay in new transmission links will hurt homes and businesses appeared first on RenewEconomy.

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Snowy 2.0 hit by new billion-dollar cost blowout claims

Mon, 2022-08-22 14:51

Snowy 2.0 faces new claims its multi-billion dollar budget has blown out even further, as signs emerge that EPC costs are higher than expected.

The post Snowy 2.0 hit by new billion-dollar cost blowout claims appeared first on RenewEconomy.

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Australia’s biggest listed solar company to be wound up after selling US portfolio

Mon, 2022-08-22 11:15

The planned delisting and winding up of Australia's biggest solar farm owner removes one of the last opportunities for small investors to buy into the green energy transition.

The post Australia’s biggest listed solar company to be wound up after selling US portfolio appeared first on RenewEconomy.

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South Africa’s nuclear sector has failed its first test

Mon, 2022-08-22 09:52

koeberg nuclear plant S AfricaThe mishandling of the Koeberg life extension project indicates that South Africa should drop any ambitions for new nuclear plants.

The post South Africa’s nuclear sector has failed its first test appeared first on RenewEconomy.

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Victorian court quashes last-ditch legal bid to block contested wind farm

Fri, 2022-08-19 14:42

berrybank wind farm Victoria Naturgy GPGPlans to build a 97MW wind farm just outside the Victorian town of Hawkesdale will go ahead, after a fresh legal attempt to block the development was quashed.

The post Victorian court quashes last-ditch legal bid to block contested wind farm appeared first on RenewEconomy.

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Queensland “super-hybrid” green hydrogen project gets Indigenous name and support

Fri, 2022-08-19 13:55

Mammoth Sunshine Hydro pumped hydro renewable energy project partners with Gidarjil Development Corporation and Burnett Mary Regional Group (BMRG).

The post Queensland “super-hybrid” green hydrogen project gets Indigenous name and support appeared first on RenewEconomy.

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AGL leadership farce: Blind to climate science, and still in the control room

Fri, 2022-08-19 13:51

AGL gives another clear example of a board unable to respond to climate science, the speed of technology transition, or global experience of the energy transition.

The post AGL leadership farce: Blind to climate science, and still in the control room appeared first on RenewEconomy.

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“This is total, total greenwash”: Santos claims massive Alaska oil project will be carbon neutral

Fri, 2022-08-19 13:42

santos pikka alaskaSantos says its 80,000 barrels a day Pikka oil project off Alaska will be a net-zero project. Critics say that's pure spin.

The post “This is total, total greenwash”: Santos claims massive Alaska oil project will be carbon neutral appeared first on RenewEconomy.

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Big batteries and flexible generation the focus, as AGL seeks greater energy resilience

Fri, 2022-08-19 12:26

Torrens Island big battery AGLAfter a volatile 2022, AGL says growth and spending in the new financial year will focus on flexible grid-scale storage and flexible generation investments.

The post Big batteries and flexible generation the focus, as AGL seeks greater energy resilience appeared first on RenewEconomy.

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EVs and solar just the start of becoming renewable superpower, says Cannon-Brookes

Fri, 2022-08-19 11:18

Mike Cannon-Brookes says decisions and cost savings made at home - on solar, EVs and electrification - key part of turning Australia into renewable superpower.

The post EVs and solar just the start of becoming renewable superpower, says Cannon-Brookes appeared first on RenewEconomy.

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“This is about freedom of choice:” Bowen moves to break down barriers to EVs

Fri, 2022-08-19 09:17

Labor moves to break down single biggest barrier to the supply of electric vehicles in Australia - the lack of a fuel efficiency standard.

The post “This is about freedom of choice:” Bowen moves to break down barriers to EVs appeared first on RenewEconomy.

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Graph of the Day: Wind energy delivers two thirds of Victoria demand for first time

Fri, 2022-08-19 08:40

Wind energy sets new record share of 69 per cent of demand in the state of Victoria.

The post Graph of the Day: Wind energy delivers two thirds of Victoria demand for first time appeared first on RenewEconomy.

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