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

Taylor’s favoured coal subsidy could reach $7 billion and hit households

Fri, 2021-08-20 00:05

coal fired power station closure decommissioning decline - optimisedNew analysis suggests the costs of capacity payments to coal and gas plants could lead to electricity price increases much greater than the carbon price.

The post Taylor’s favoured coal subsidy could reach $7 billion and hit households appeared first on RenewEconomy.

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“Not doing so well:” US puts pressure on Australia as Labor flags new interim target

Thu, 2021-08-19 15:42

Labor climate change and energy spokesperson Chris Bowen. (AAP Image/Mick Tsikas).Labor's Chris Bowen says medium-term emissions targets need to drive "greatest economic transformation since the Industrial Revolution".

The post “Not doing so well:” US puts pressure on Australia as Labor flags new interim target appeared first on RenewEconomy.

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Origin ready to ‘pull trigger’ on big batteries after recording $2.3 billion loss

Thu, 2021-08-19 14:38

Frank Calabria Origin Energy CEDA - optimisedOrigin Energy prepares pivot into big batteries and green hydrogen after $2.3 billion loss, another legacy company wrestling with the energy transition.

The post Origin ready to ‘pull trigger’ on big batteries after recording $2.3 billion loss appeared first on RenewEconomy.

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“Digital twin”: Online simulator to help wind and solar farms connect to the grid

Thu, 2021-08-19 13:59

AEMO to build an "online twin" of the main grid to allow wind and solar developers to more easily model the impact of their project proposals.

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Cost of wind turbines to jump 10 per cent due to mineral prices, logistics and Covid

Thu, 2021-08-19 13:39

Wind turbines face a price hike of around 10 per cent over the coming year due to rising mineral prices, logistics and Covid problems.

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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.

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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.

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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.

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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.

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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.

The post Spring is in the air as Australia’s main grid sets record low for winter demand appeared first on RenewEconomy.

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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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