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News and analysis for the clean energy economy
Updated: 56 min 25 sec ago

Solar farms cash in on high prices, despite clouds sent in by La Nina

Tue, 2022-02-01 11:32

genex kidston solar farm jemalongGenex reports strong revenue from its two solar farms, even as La Nina weather patterns crimped output, and lifts size of planned wind farm.

The post Solar farms cash in on high prices, despite clouds sent in by La Nina appeared first on RenewEconomy.

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“Unsupported by evidence:” CMI slams carbon farming veto powers for minister

Mon, 2022-01-31 15:06

 Canva).A proposal to grant the federal agriculture minister powers to veto proposed carbon offset projects has been slammed by the Carbon Market Institute.

The post “Unsupported by evidence:” CMI slams carbon farming veto powers for minister appeared first on RenewEconomy.

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Australia must shift from fossil fuels or risk more than 100,000 regional jobs

Mon, 2022-01-31 14:33

 Canva).Up to 300,000 jobs in regional parts of Queensland and WA are at risk if governments fail to prepare for shift from fossil fuels, new research shows.

The post Australia must shift from fossil fuels or risk more than 100,000 regional jobs appeared first on RenewEconomy.

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Massive blades for Australia’s biggest wind turbines arrive in Queensland

Mon, 2022-01-31 13:41

Shipment of massive, 80 metre wind turbine blades for Neoen's 157MW Kaban wind farm have arrived in north Queensland.

The post Massive blades for Australia’s biggest wind turbines arrive in Queensland appeared first on RenewEconomy.

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Fossil fuel industry asks Morrison government for more support for CCS

Mon, 2022-01-31 12:46

Gorgon lng gas project chevron carbon capture storage CCS - optimisedFossil fuel groups are asking for more support for troubled carbon storage projects as the federal budget looms.

The post Fossil fuel industry asks Morrison government for more support for CCS appeared first on RenewEconomy.

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Ampol reveals strategy and team to lead its push into energy retailing

Mon, 2022-01-31 12:44

Ampol CEO Matt Halliday, (Supplied).Ampol's application to become an energy retailer reveals details of its executive team and more about its strategy to deal with the energy and transport market convergence

The post Ampol reveals strategy and team to lead its push into energy retailing appeared first on RenewEconomy.

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“Unmanaged energy”: WA gears up for solar switch-off rules, to probe Christmas blackouts

Mon, 2022-01-31 12:16

Western Australia launches independent investigation into blackouts that left tens of thousands of households without power during a four-day Christmas heatwave.

The post “Unmanaged energy”: WA gears up for solar switch-off rules, to probe Christmas blackouts appeared first on RenewEconomy.

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The past decade has seen stunning change. The next 10 years will be breathtaking

Sun, 2022-01-30 15:13

big battery neoen tesla victoriaIt is now exactly a decade since RenewEconomy published its first articles. But if the last 10 years has seen extraordinary change, the next 10 years will be breathtaking.

The post The past decade has seen stunning change. The next 10 years will be breathtaking appeared first on RenewEconomy.

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Can the US really cut its emissions in half by 2030? First, the good news ….

Sun, 2022-01-30 10:41

Cutting US emissions in half by 2030 - as it has promised to do - appears farfetched, at least politically. Here's why.

The post Can the US really cut its emissions in half by 2030? First, the good news …. appeared first on RenewEconomy.

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NSW tips $5m into Australian hydrogen storage tech to accelerate commercialisation

Fri, 2022-01-28 15:58

NSW deputy premier Paul Toole inspects the Lavo hydrogen energy storage system.UNSW spin-off Lavo receives $5m backing from NSW government to establish a manufacturing base for its hydrogen energy storage tech.

The post NSW tips $5m into Australian hydrogen storage tech to accelerate commercialisation appeared first on RenewEconomy.

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Global clean energy investment topped A$1 trillion for first time in 2021

Fri, 2022-01-28 13:33

 Canva)Global clean energy investment set new records in 2021, with renewables and EV surging to new highs. But Australia and CCS lagged.

The post Global clean energy investment topped A$1 trillion for first time in 2021 appeared first on RenewEconomy.

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NSW declares second renewable energy zone, sees $10 billion of wind, solar and storage

Fri, 2022-01-28 12:09

sapphire wind farmNSW formally declares its second renewable energy zone as it rolls out its decade-long strategy of replacing most, if not all, its coal fired power stations.

The post NSW declares second renewable energy zone, sees $10 billion of wind, solar and storage appeared first on RenewEconomy.

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Household gas use much worse for health and climate than first thought

Fri, 2022-01-28 08:46

 Canva)Pollution from gas stoves, including their greenhouse gas footprint, is much worse than first thought, new research shows.

The post Household gas use much worse for health and climate than first thought appeared first on RenewEconomy.

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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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