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News and analysis for the clean energy economy
Updated: 1 hour 39 min ago

No business case for large scale solar PV without long term storage, says AGL

Fri, 2022-02-11 12:43

AGL's plans for nearly 3GW of new renewable and storage capacity includes no solar.

The post No business case for large scale solar PV without long term storage, says AGL appeared first on RenewEconomy.

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Morrison boosts “Making Positive Energy” pre-election ad splurge to almost $31 million

Fri, 2022-02-11 10:49

The Morrison government will spend almost $31 million promoting its emissions reduction policies - like seaweed for cows.Morrison government more than doubles its spending on pre-election advertising to convince voters it cares about the climate and clean energy.

The post Morrison boosts “Making Positive Energy” pre-election ad splurge to almost $31 million appeared first on RenewEconomy.

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Australia’s biggest wind and battery project lands equity and turbine supply deals

Fri, 2022-02-11 07:21

Vesta mcarthur wind farm turbine - optimisedWestern Plains wind farm, and a big battery, lands equity deal to finance the project, and a turbine supply and construction deal with Vestas.

The post Australia’s biggest wind and battery project lands equity and turbine supply deals appeared first on RenewEconomy.

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Independent regional journalism, brought to you by fossil fuels

Thu, 2022-02-10 14:41

gas-flaring-methane-emissions-nature-EditA regional journalism summit this week made no specific references to climate change and was sponsored by AGL Energy and gas pipeline company APA.

The post Independent regional journalism, brought to you by fossil fuels appeared first on RenewEconomy.

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“We’re not behind:” Tim Wilson’s optimism on Australian EV uptake defies the evidence

Thu, 2022-02-10 14:40

Tim Wilson addressing parliament in Canberra (AAP Image/Mick Tsikas).Tim Wilson suggests Australia is keeping pace with the rest of the world on EV uptake, but the data suggests he's wrong.

The post “We’re not behind:” Tim Wilson’s optimism on Australian EV uptake defies the evidence appeared first on RenewEconomy.

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High Court blocks appeal for Bylong coal mine in likely fatal blow to project

Thu, 2022-02-10 12:52

 Canva).The High Court refuses to hear appeal to Bylong coal mine rejection, effectively killing off the controversial project.

The post High Court blocks appeal for Bylong coal mine in likely fatal blow to project appeared first on RenewEconomy.

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Charles Sturt University goes 100 pct renewable with NSW wind power deal

Thu, 2022-02-10 12:07

Charles Sturt University lands off take agreement with NSW wind farm in a deal that takes it to a 100% renewable energy supply.

The post Charles Sturt University goes 100 pct renewable with NSW wind power deal appeared first on RenewEconomy.

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Australia’s bushfire threat already beyond worst-case scenarios, thanks to climate change

Thu, 2022-02-10 11:39

Australia's bushfire threat is beyond 'worst case scenario's experts say. (AAP Image/Darren Pateman)As a cooler summer provides Australia a reprieve from the extremes of recent hot summers, experts say bushfire threat still exceeds 'worst case' scenarios.

The post Australia’s bushfire threat already beyond worst-case scenarios, thanks to climate change appeared first on RenewEconomy.

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AGL to create fund to support investment in 2.7GW of wind and storage projects

Thu, 2022-02-10 11:36

Torrens Island big battery AGLAGL to create a new fund to help finance its planned wind project and battery and pumped hydro storage projects.

The post AGL to create fund to support investment in 2.7GW of wind and storage projects appeared first on RenewEconomy.

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AGL coal closures inch forward, but fall well short of market plans and climate needs

Thu, 2022-02-10 08:24

AGL brings forward the closure of its last two coal generators, but it still falls well short of market forecasts and climate needs.

The post AGL coal closures inch forward, but fall well short of market plans and climate needs appeared first on RenewEconomy.

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Construction begins – with a golden shovel – on 110MW solar farm in Banana Shire

Wed, 2022-02-09 21:11

corowa solar farmConstruction underway at Moura solar farm roughly one year after the 110MW shovel ready project was bought by Greek industrial company, Mytilineos.

The post Construction begins – with a golden shovel – on 110MW solar farm in Banana Shire appeared first on RenewEconomy.

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Renewables supplied five-times more electricity than gas generators in 2021

Wed, 2022-02-09 20:42

Bango wind farm near Yass in New South Wales (CWP Renewables).Renewables continued to squeeze fossil fuels out of Australian electricity markets in 2021, with gas and coal slumping to historic lows.

The post Renewables supplied five-times more electricity than gas generators in 2021 appeared first on RenewEconomy.

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Fortescue plans huge 5.4GW wind, solar and battery storage hub in Pilbara

Wed, 2022-02-09 14:06

Chichester Solar Farm Alinta FortescueAndrew Forrest plans massive 5.4GW renewables hub in Pilbara to power his mines and further his green hydrogen dreams.

The post Fortescue plans huge 5.4GW wind, solar and battery storage hub in Pilbara appeared first on RenewEconomy.

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EnergyAustralia to seek funds for battery, pumped hydro and hydrogen plans

Wed, 2022-02-09 13:43

EnergyAustralia admits it will need to come to market to help fund investments in battery storage, pumped hydro and green hydrogen, as it looks to a future beyond coal.

The post EnergyAustralia to seek funds for battery, pumped hydro and hydrogen plans appeared first on RenewEconomy.

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Record volumes for Australian carbon markets, record prices for EU carbon

Wed, 2022-02-09 13:35

emissions greenhouse gases net zero targets - canva - optimisedTrading in Australian carbon credit markets set new records in January, as prices in the European market surge toward a major milestone.

The post Record volumes for Australian carbon markets, record prices for EU carbon appeared first on RenewEconomy.

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Sunraysia solar farm finally complete and at full capacity, but legal dispute remains

Wed, 2022-02-09 13:19

Construction and connection is finally complete at Sunraysia solar farm, now it will be left to lawyers to fight over who shoulders the costs.

The post Sunraysia solar farm finally complete and at full capacity, but legal dispute remains appeared first on RenewEconomy.

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Coalition’s latest coal jobs scare campaign reveals a big renewables blindspot

Wed, 2022-02-09 13:15

acciona solar farm panels queensland-2Morrison government's latest scare campaign about disappearing coal jobs chooses fear over progress and ignores huge potential of renewables.

The post Coalition’s latest coal jobs scare campaign reveals a big renewables blindspot appeared first on RenewEconomy.

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Australia’s only large-scale CCS project operated at half-capacity in first full year

Wed, 2022-02-09 11:59

Gorgon lng gas project chevron carbon capture storage CCS - optimisedChevron copped a $40 million offset bill due to failures of the Gorgon CCS to meet emissions storage targets in its first year of operation.

The post Australia’s only large-scale CCS project operated at half-capacity in first full year appeared first on RenewEconomy.

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What the NEM could learn from an economics professor and a moon landing

Wed, 2022-02-09 11:09

Instead of waiting for market failures, government agencies should be shaping markets, and creating an environmental objective for the NEM is top of the list.

The post What the NEM could learn from an economics professor and a moon landing appeared first on RenewEconomy.

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Snowy 2.0: The “nation building” project that won’t be using all Australian steel

Wed, 2022-02-09 11:04

snowy hydroThe Snowy 2.0 pumped hydro project won't be quite as nation building as promised, with key steel contracts going to overseas suppliers.

The post Snowy 2.0: The “nation building” project that won’t be using all Australian steel appeared first on RenewEconomy.

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