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News and analysis for the clean energy economy
Updated: 2 hours 58 min ago

1,000 days of baseload outages: Coal failures send electricity prices to record highs

Thu, 2021-08-19 13:10

Regulator cites "1,000 days of baseload outages" as reason for highest electricity prices on record. And it wants a "capacity" market?

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Italian energy giant plans another 1,000MW renewables in Australia, seeks retail licence

Thu, 2021-08-19 11:09

Bungala solar farmEurope's biggest utility plans to add another 1,000MW of renewables capacity in Australia and is seeking a retail licence to focus on industrial customers.

The post Italian energy giant plans another 1,000MW renewables in Australia, seeks retail licence appeared first on RenewEconomy.

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Australian researchers set new efficiency record for double-sided solar cells

Thu, 2021-08-19 06:01

solar cell up close efficiency 2Australian National University researchers set new efficiency record for double-sided solar cells and hope deliver a boost solar farm output.

The post Australian researchers set new efficiency record for double-sided solar cells appeared first on RenewEconomy.

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Woodside-BHP oil and gas merger “disastrous” for climate, and some shareholders

Wed, 2021-08-18 16:02

santos offshore gas field emissions - optimisedBHP and Woodside to merge oil and gas businesses, creating a $41bn giant. It might be good for BHP, but could be a disaster for the climate.

The post Woodside-BHP oil and gas merger “disastrous” for climate, and some shareholders appeared first on RenewEconomy.

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Battery giant LG inks deal for Australian nickel and cobalt

Wed, 2021-08-18 15:51

The world's largest manufacturer of advanced EV batteries inks deal with ASX-listed miner to source mixed nickel and cobalt from its Queensland project.

The post Battery giant LG inks deal for Australian nickel and cobalt appeared first on RenewEconomy.

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Solar Insiders Podcast: Flexible exports and PV pricing pressures

Wed, 2021-08-18 15:07

Solar industry faces pressure from rising import prices, shipping costs and Covid. But flexible exports offer hope for a smarter future.

The post Solar Insiders Podcast: Flexible exports and PV pricing pressures appeared first on RenewEconomy.

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Queensland coal port pivots to renewable hydrogen as wind and solar pipeline surges

Wed, 2021-08-18 14:39

Dalrymple Bay Coal Terminal - optimisedQueensland coal port launches study into renewable hydrogen, eyeing new export opportunities, as state plans new Renewable Energy Zones.

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Australian “dual turbine” wave power breakthrough promises to double efficiency

Wed, 2021-08-18 14:32

Australian-led research breakthrough raises fresh hopes that wave power can play a large-scale and commercially viable role in the global shift to renewables.

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Will Torrens Island big battery close the door to vehicle to grid technology in Australia?

Wed, 2021-08-18 13:34

Will the boom in big battery storage proposals close the door to vehicle-to-grid technologies even before they get started?

The post Will Torrens Island big battery close the door to vehicle to grid technology in Australia? appeared first on RenewEconomy.

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Tighter climate targets spell end of German coal by 2030, government figures suggest

Wed, 2021-08-18 13:26

germany coalGermany’s revised climate targets mean its exit from coal generation will need to be completed by 2030, eight years earlier than currently planned.

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5B seeks new funds as orders for its Maverick solar solution boom

Wed, 2021-08-18 12:00

sun cable 5b solar northern territory optimisedAustralian clean energy innovator announces new fundraising round, as orders boom for its modular, rapid-deploying solar solution, called Maverick.

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Forrest says green hydrogen market could be worth $16 trillion by 2050

Wed, 2021-08-18 09:26

Andrew Forrest says green hydrogen market could be worth $16 trillion, and says fossil fuel hydrogen backed by Australian government is a "smokescreen".

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CEFC readies for big plunge into hydrogen after landmark battery and grid deals

Wed, 2021-08-18 08:31

CEFC looking at opportunities in green hydrogen after a year of big grid and big battery investments, and as it looks for "harder to abate" sectors.

The post CEFC readies for big plunge into hydrogen after landmark battery and grid deals appeared first on RenewEconomy.

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Spring is in the air as Australia’s main grid sets record low for winter demand

Tue, 2021-08-17 15:41

Mild conditions deliver a new winter demand "low" on Sunday, the new, rooftop solar inspired bête noire for the market operator.

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Big Pharma rides vaccine boost with switch to 100 per cent renewables

Tue, 2021-08-17 15:22

"Big Pharma" is enjoying a much-needed reputational boost off the back of Covid-19 vaccines, and it is now dosing up on climate action and renewable energy.

The post Big Pharma rides vaccine boost with switch to 100 per cent renewables appeared first on RenewEconomy.

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Shipping blues: Solar PV price crunch drives shift to lower-cost suppliers

Tue, 2021-08-17 15:07

rooftop solar australia distributed energy resource - canva - optimisedAustralia’s solar market is seeing a significant shake-up of top-selling inverter and panel brands, as retailers struggle against multiple pricing pressure points.

The post Shipping blues: Solar PV price crunch drives shift to lower-cost suppliers appeared first on RenewEconomy.

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Net zero pledges, not border taxes, are biggest threat to Australia’s fossil fuel exports

Tue, 2021-08-17 14:46

Canva - Coal mining from above - optimised brown coal hydrogenKey business group plays down threat of carbon border adjustment mechanisms, but warns net zero pledges will slash demand for Australian coal and gas.

The post Net zero pledges, not border taxes, are biggest threat to Australia’s fossil fuel exports appeared first on RenewEconomy.

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Santos counts on $70/tonne carbon price for flagship CCS project

Tue, 2021-08-17 14:41

Santos says its flagship CCS project needs a carbon price, and it is counting on a $70/tonne price by 2030.

The post Santos counts on $70/tonne carbon price for flagship CCS project appeared first on RenewEconomy.

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“Failure not an option”: Kean wants voters to send message to leaders failing on climate

Tue, 2021-08-17 12:32

NSW Minister for Energy and Environment Matt Kean. (AAP Image/Joel Carrett)."Get on with it, or to get out of the way." NSW energy minister Matt Kean warns LNP leaders to act on climate change, or risk getting voted out.

The post “Failure not an option”: Kean wants voters to send message to leaders failing on climate appeared first on RenewEconomy.

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Steel giant snubs gas on road to net zero, focus on renewables and green hydrogen

Mon, 2021-08-16 18:22

Bluescope sets net zero target and says renewables and green hydrogen the key, not gas.

The post Steel giant snubs gas on road to net zero, focus on renewables and green hydrogen appeared first on RenewEconomy.

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