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News and analysis for the clean energy economy
Updated: 1 hour 21 min ago

How 5-minute settlements changed the bidding game for coal, gas and renewables

Thu, 2022-01-27 23:05

big battery neoen tesla victoriaIntroduction of five minute settlements has dramatically changed the bidding patterns of coal and gas generators, and many wind and solar farms.

The post How 5-minute settlements changed the bidding game for coal, gas and renewables appeared first on RenewEconomy.

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Australia’s north-south divide: Electricity price jumps in coal dependent states

Thu, 2022-01-27 23:05

 Stanwell Corporation).States with a greater dependence on coal and gas are experiencing significantly higher prices than those states with higher shares of renewables.

The post Australia’s north-south divide: Electricity price jumps in coal dependent states appeared first on RenewEconomy.

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Wind, solar and water chase coal and gas out of grid, and reshape price and demand

Thu, 2022-01-27 23:01

Renewables jump to 35pct in December quarter, as wind and solar reshape price and demand, according to latest report by market operator.

The post Wind, solar and water chase coal and gas out of grid, and reshape price and demand appeared first on RenewEconomy.

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Battery giant LG Energy doubles as investors look to booming EV market

Thu, 2022-01-27 14:06

Kim Dong-Myung, LG Energy Solution Head of Advanced Automotive Battery Division (EVP), speaks during a news conference in Lansing, Michigan. (AP Photo/Paul Sancya).Value of battery maker LG Energy Solution's shares doubled in an astonishing first day of trading as investors rushed to gain leverage to EV and storage market.

The post Battery giant LG Energy doubles as investors look to booming EV market appeared first on RenewEconomy.

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AGL partners with Plenti to offer interest-free loans for solar and batteries

Thu, 2022-01-27 13:14

 Canva).Personal loan provider Plenti teams up with AGL, and Westpac back its offering of loans for solar, batteries and electric vehicles.

The post AGL partners with Plenti to offer interest-free loans for solar and batteries appeared first on RenewEconomy.

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Don’t Look Up: Australia’s endless list of planet killing projects

Thu, 2022-01-27 12:39

 Canva).Let’s tour around Australia visiting just some of the planet killers that have recently been in the news.

The post Don’t Look Up: Australia’s endless list of planet killing projects appeared first on RenewEconomy.

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Musk predicts change in battery metals, and terawatt hour storage business

Thu, 2022-01-27 11:47

Elon Musk expects energy storage to grow to a terawatt hour business, but there will also be a change in battery metals.

The post Musk predicts change in battery metals, and terawatt hour storage business appeared first on RenewEconomy.

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Why New Zealand could become global leader on corporate climate risk disclosures

Thu, 2022-01-27 11:34

 Canva).The Investor Group on Climate Change says New Zealand has an opportunity to set world's best practice for company climate risk reporting.

The post Why New Zealand could become global leader on corporate climate risk disclosures appeared first on RenewEconomy.

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“Just fluff:” European power utilities not doing enough to deliver on net zero pledges

Thu, 2022-01-27 10:39

All the talk of mid-century targets is just fluff so long as their business plans have no way of delivering on them, says new report on power utility net zero pledges.

The post “Just fluff:” European power utilities not doing enough to deliver on net zero pledges appeared first on RenewEconomy.

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Singapore wealth fund buys into Australian green hydrogen mega projects

Thu, 2022-01-27 10:32

remote australia solar farm desert - canva - optimisedSingapore’s sovereign wealth fund buys strategic stake in InterContinental Energy, which is developing biggest green hydrogen projects in Australia and around the world.

The post Singapore wealth fund buys into Australian green hydrogen mega projects appeared first on RenewEconomy.

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Europe’s largest grid-tied batteries to be operational by 2024

Wed, 2022-01-26 20:52

floating wind ScotlandAMP Energy to build two 400MW, two hour battery installations in Scotland, to boost the local grid's wind resources.

The post Europe’s largest grid-tied batteries to be operational by 2024 appeared first on RenewEconomy.

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The media needs to get better at interrogating hydrogen

Wed, 2022-01-26 15:41

 HySTRA).Most media coverage of a big new brown coal hydrogen project greenwashed the news and talked up CCS. An accident on Morrison's website shows us why.

The post The media needs to get better at interrogating hydrogen appeared first on RenewEconomy.

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Hexagon teams up with FRV to add solar to hydrogen and ammonia hubs

Tue, 2022-01-25 16:15

Hexagon and FRV to look at adding solar component to planned "clean hydrogen" hubs and lower the costs of CCS

The post Hexagon teams up with FRV to add solar to hydrogen and ammonia hubs appeared first on RenewEconomy.

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Audi e-tron: I can’t hear it, but I can feel it

Tue, 2022-01-25 14:52

We have a look at the Audi e-Tron, the big electric SUV. And this one is bright red!

The post Audi e-tron: I can’t hear it, but I can feel it appeared first on RenewEconomy.

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Australian wave energy technology gets backing from Japanese shipping giant

Tue, 2022-01-25 14:51

Australian founded wave energy technology gets investment boost from Japanese shipping giant, leading to a 1.5MW pilot project and a wave and wind hybrid.

The post Australian wave energy technology gets backing from Japanese shipping giant appeared first on RenewEconomy.

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Albanese: No tricks in Labor’s “straightforward” climate and clean energy plan

Tue, 2022-01-25 14:46

Australian Leader of the Opposition Anthony Albanese speaks at the National Press Club in Canberra. AAP Image/Lukas Coch.Albanese says Labor has presented a costed, effective, climate change policy, while Morrison's net zero "pamphlet" lacks the certainty industry needs.

The post Albanese: No tricks in Labor’s “straightforward” climate and clean energy plan appeared first on RenewEconomy.

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Renewables key to making electricity supplies affordable in remote communities

Tue, 2022-01-25 13:56

remote australia solar farm desert - canva - optimisedANU researchers say many households in remote communities experience frequent power disconnections and solar could be part of the answer.

The post Renewables key to making electricity supplies affordable in remote communities appeared first on RenewEconomy.

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Fortescue thinking big on heavy EVs, and WA green energy hub

Tue, 2022-01-25 13:33

Fortescue says initial focus of WAE purchase will be on electrifying heavy vehicles, rather than passenger EVs, as it also eyes green energy hub in WA.

The post Fortescue thinking big on heavy EVs, and WA green energy hub appeared first on RenewEconomy.

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Sport events urged to follow Tennis Australia’s lead and ditch fossil fuel sponsorship

Tue, 2022-01-25 12:41

Santos advertising featured prominently during the 2021 Australian Open final. (AAP Image/Dave Hunt).With Tennis Australia ditching Santos as a major sponsor, there are fresh calls to end fossil fuel sponsorship of sports and other major events.

The post Sport events urged to follow Tennis Australia’s lead and ditch fossil fuel sponsorship appeared first on RenewEconomy.

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Funding for next-gen big batteries open next week, on road to fully renewable grids

Tue, 2022-01-25 11:25

A new $100 million funding round for next generation big battery storage installations, seen as crucial for the switch to fully renewable grids, will open next week.

The post Funding for next-gen big batteries open next week, on road to fully renewable grids appeared first on RenewEconomy.

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