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News and analysis for the clean energy economy
Updated: 2 hours 4 min ago

Gas giant writes down gas processing plant as it weighs rapid decarbonisaton

Thu, 2021-02-18 14:25

Australian gas giant flags major write-down in the value of troubled processing plant on Victoria’s east Gippsland coast.

The post Gas giant writes down gas processing plant as it weighs rapid decarbonisaton appeared first on RenewEconomy.

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Australia’s biggest wind farm faces yet more delays, Origin to pay penalty

Thu, 2021-02-18 14:19

Australia's largest wind project remains idle, and ongoing delays means Origin Energy has to pay a large penalty for not producing enough renewable energy certificates.

The post Australia’s biggest wind farm faces yet more delays, Origin to pay penalty appeared first on RenewEconomy.

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Don’t be fooled by Woodside’s tree planting, hydrogen and CCS plans

Thu, 2021-02-18 13:56

Gorgon lng gas project chevron carbon capture storage CCS - optimisedOil and gas giant announces planting of 3.6m native trees in Western Australia, a headline action in a cluster of seemingly climate friendly initiatives.

The post Don’t be fooled by Woodside’s tree planting, hydrogen and CCS plans appeared first on RenewEconomy.

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Fortescue puts aside $400m for new hydrogen, wind and solar projects

Thu, 2021-02-18 13:41

chichester solar farm alinta pilbara fortescueFortescue to channel 10 per cent of future profits into renewable energy to help meet its green hydrogen ambitions.

The post Fortescue puts aside $400m for new hydrogen, wind and solar projects appeared first on RenewEconomy.

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Regulator flags another cut in solar feed-in tariffs in NSW

Thu, 2021-02-18 13:26

IPART flags another “likely” reduction to NSW rooftop solar feed-in tariff, as it prepares to set new benchmarks for the next three financial years.

The post Regulator flags another cut in solar feed-in tariffs in NSW appeared first on RenewEconomy.

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Origin profits collapse as it prepares for ‘messy’ coal exit and big battery plans

Thu, 2021-02-18 12:00

Origin Energy's Eraring power station.Origin Energy says things could get messy with coal plants heading towards early closures, as it reports first half profits slashed by 98 per cent.

The post Origin profits collapse as it prepares for ‘messy’ coal exit and big battery plans appeared first on RenewEconomy.

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Federal MPs to ride in Tesla Model 3 and Hyundai electric cars in Comcar trial

Thu, 2021-02-18 11:49

The Comcar fleet has chosen a Tesla Model 3 and a Hyundai Ioniq in a two-year trial to "assess viability".

The post Federal MPs to ride in Tesla Model 3 and Hyundai electric cars in Comcar trial appeared first on RenewEconomy.

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How sudden trips of gas and coal plants triggered Texas energy catastrophe

Thu, 2021-02-18 07:59

A clearer picture is emerging as Texas continues to suffer through a major blackout - massive coal and gas issues have caused the problems.

The post How sudden trips of gas and coal plants triggered Texas energy catastrophe appeared first on RenewEconomy.

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Victoria creates new body to modernise grid for wind and solar transition

Thu, 2021-02-18 07:27

Victoria to establish a separate body to manage and prioritise billions of dollars of network upgrades required to support the state's transition to 50% renewables.

The post Victoria creates new body to modernise grid for wind and solar transition appeared first on RenewEconomy.

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Wind and solar projects join grid in record numbers, and connection queues grow

Wed, 2021-02-17 14:20

Murr Warra wind farmAEMO says number of connected wind and solar projects hit record high in 2020, but the queue for connection and registration is also growing.

The post Wind and solar projects join grid in record numbers, and connection queues grow appeared first on RenewEconomy.

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Labor energy minister “horrified” by Liberals “risky” zero emissions energy plan

Wed, 2021-02-17 13:57

WA energy minister Labor Bill Johnston - optimised - AIEIn WA, the politics of energy is turned upside down as Labor labels the ambitious clean energy plan of the WA Liberals as reckless and too costly.

The post Labor energy minister “horrified” by Liberals “risky” zero emissions energy plan appeared first on RenewEconomy.

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Global inverter giant charts record revenue for 2020, “led by Australia”

Wed, 2021-02-17 13:36

SolarEdge announces solar revenue records for 2020, including in Australia where it charted 30% year on year growth – despite Covid.

The post Global inverter giant charts record revenue for 2020, “led by Australia” appeared first on RenewEconomy.

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Solar Insiders Podcast: Does the solar industry deserve the “cowboy” label?

Wed, 2021-02-17 13:36

Canva - Solar Panels rooftop renewable - optimisedProblems at a major solar farm in Queensland raises the “cowboy” issue again, and why are new homes being built with roofing too weak to host solar panels.

The post Solar Insiders Podcast: Does the solar industry deserve the “cowboy” label? appeared first on RenewEconomy.

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Collapsing thermal coal price pushes miners deep into the red

Wed, 2021-02-17 13:33

thermal coalWhitehaven Coal – the kind of pure play thermal coal miner that investors are abandoning in droves – lost $94 million in the six months to December.

The post Collapsing thermal coal price pushes miners deep into the red appeared first on RenewEconomy.

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Barnaby Joyce blunders attempt to open CEFC funds to “high intensity” coal plants

Wed, 2021-02-17 12:23

Barnaby Joyce. (AAP Image/Mick Tsikas)Barnaby Joyce calls for CEFC to fund "high intensity" coal plants, but the emissions threshold he proposes would make that impossible.

The post Barnaby Joyce blunders attempt to open CEFC funds to “high intensity” coal plants appeared first on RenewEconomy.

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Oil major Total targets 100GW of wind and solar capacity by 2030

Wed, 2021-02-17 11:16

Oil major Total sets new target of growing its renewable energy capacity to 100GW by 2030.

The post Oil major Total targets 100GW of wind and solar capacity by 2030 appeared first on RenewEconomy.

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Outrage over Snowy 2.0 transmission line concession in Kosciuszko National Park

Wed, 2021-02-17 11:10

UNGI tumut 3 penstocks snowy pumped hydro - optimisedNational Parks Association of NSW outraged by plan to build overhead transmission infrastructure for Snowy 2.0, saying damage to Kosciuszko is unacceptable.

The post Outrage over Snowy 2.0 transmission line concession in Kosciuszko National Park appeared first on RenewEconomy.

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Matt Canavan’s false wind meme is linked to the fossil fuel industry

Wed, 2021-02-17 06:31

Another viral, inaccurate meme about wind turbines that's got the attention of Matt Canavan has links to the fossil fuel industry.

The post Matt Canavan’s false wind meme is linked to the fossil fuel industry appeared first on RenewEconomy.

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Video: Don’t be afraid, it’s just an electric vehicle

Tue, 2021-02-16 20:59

New research shows that electric cars reduce emissions, in a coal-dominated grid, and Australia should embrace them.

The post Video: Don’t be afraid, it’s just an electric vehicle appeared first on RenewEconomy.

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COVID offered some relief to gas prices, but cartel will ensure it won’t last long

Tue, 2021-02-16 14:20

COVID-19 has pushed gas prices down, but lack of competition and opacity of price-setting means it won't last long, says the ACCC.

The post COVID offered some relief to gas prices, but cartel will ensure it won’t last long appeared first on RenewEconomy.

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