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News and analysis for the clean energy economy
Updated: 2 hours 19 min ago

A new look inside the workings of Australia’s National Electricity Market

Tue, 2020-10-20 12:36

Victoria Energy Policy Centre (VEPC) releases version 1.0 of a National Energy Market (NEM) Data Dashboard, a free-to-use data portal.

The post A new look inside the workings of Australia’s National Electricity Market appeared first on RenewEconomy.

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Snowy Hydro finances squeezed after tough year, but still wants to step on the gas

Tue, 2020-10-20 11:55

AAP - Snowy Hydro Tumut 3 - optimisedSnowy Hydro reports fall in profits after year impacted by bushfires and lower energy prices, placing pressure on plans to expand its generation portfolio.

The post Snowy Hydro finances squeezed after tough year, but still wants to step on the gas appeared first on RenewEconomy.

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CEFC reaffirms commitment to renewables, and to “prudent investment”

Tue, 2020-10-20 11:05

tesla battery hornsdaleClean Energy Finance Corporation stresses continued focus on investing in increasing share of renewables in a modernised electricity grid.

The post CEFC reaffirms commitment to renewables, and to “prudent investment” appeared first on RenewEconomy.

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Maryvale Energy from Waste project moving forward

Tue, 2020-10-20 10:28

The Maryvale Energy from Waste (EfW) project has marked three important milestones in its plan to deliver a state-of-the-art EfW facility, located at the Maryvale Mill in the Latrobe Valley, Victoria, Australia.

The post Maryvale Energy from Waste project moving forward appeared first on RenewEconomy.

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Nexport’s grand vision to make electric cars, buses and trucks in NSW, lands deal with BYD

Tue, 2020-10-20 09:44

byd taxis in sydney harbourNexport plans to offer Australian made buses, trucks and passenger vehicles, after announcing a $700M investment in a NSW manufacturing facility.

The post Nexport’s grand vision to make electric cars, buses and trucks in NSW, lands deal with BYD appeared first on RenewEconomy.

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California issues first tender for long-duration storage to support wind and solar

Tue, 2020-10-20 09:24

San Gorgonio Pass Wind Farm in Palm Springs, CaliforniaCalifornia municipalities issue first tender for long duration storage - from eight to 16 hours - to back up growing share of wind and solar.

The post California issues first tender for long-duration storage to support wind and solar appeared first on RenewEconomy.

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South Australia reaches 100 pct solar, and then 100 pct wind power in same week

Tue, 2020-10-20 09:06

A big week for South Australia as solar delivers 100 per cent of its demand one day - the first time ever in any large grid - and wind does the same thing a few days later.

The post South Australia reaches 100 pct solar, and then 100 pct wind power in same week appeared first on RenewEconomy.

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Oil and gas destined to become the new coal as large investors retreat

Tue, 2020-10-20 05:51

A brewing storm of major financial institutions divesting from Arctic and oil sand drilling signals a dark future for oil and gas, finds a new investigation from the Institute for Energy Economics and Financial Analysis (IEEFA). The investigation, published today, quantifies the scale of shifts among large investors. The World Bank, BPN Paribas, Goldman Sachs,...

The post Oil and gas destined to become the new coal as large investors retreat appeared first on RenewEconomy.

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Australian invented hydrogen storage for homes and businesses hits the market

Mon, 2020-10-19 23:01

UNSW spin-off announces that it will start taking orders for one of the world's first hydrogen based energy storage systems for homes and businesses.

The post Australian invented hydrogen storage for homes and businesses hits the market appeared first on RenewEconomy.

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Cogati will have “chilling effect” on renewables investment, warns CEC

Mon, 2020-10-19 14:01

CEC welcomes overall direction of new market rules, but warns the Cogati transmission access proposals are the "wrong reform at the wrong time.”

The post Cogati will have “chilling effect” on renewables investment, warns CEC appeared first on RenewEconomy.

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Texas has a big lesson for Australia: renewables are where the money is flowing

Mon, 2020-10-19 13:30

Texas and Australia have much in common. They have similar sized populations and economies and are hugely invested in resources extraction. But in Texas, renewables are winning.

The post Texas has a big lesson for Australia: renewables are where the money is flowing appeared first on RenewEconomy.

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Ausgrid, United accelerate network push into community battery storage

Mon, 2020-10-19 13:15

Sydney and Melbourne network companies push into community-level battery storage to boost rooftop PV uptake and defer grid upgrades. Are energy retailers getting nervous?

The post Ausgrid, United accelerate network push into community battery storage appeared first on RenewEconomy.

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TrueGreen, Nexport lay out $700m plan to make electric cars, buses and trucks in NSW

Mon, 2020-10-19 12:45

truegreen gemilang electric busTrueGreen and Nexport commit to building a $700 million plant to make electric vehicles - including cars, buses and trucks - at 51 hectare site in Southern Highlands.

The post TrueGreen, Nexport lay out $700m plan to make electric cars, buses and trucks in NSW appeared first on RenewEconomy.

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Queensland urged to switch public schools, libraries and hospitals to solar

Mon, 2020-10-19 10:43

Public schools and hospitals could be the key to boosting Queensland's rooftop solar industry, slashing cost and emissions and delivering hundreds of jobs.

The post Queensland urged to switch public schools, libraries and hospitals to solar appeared first on RenewEconomy.

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Nexif finally gets shovels out for next stage of Lincoln wind and battery project

Mon, 2020-10-19 10:22

Nexif finally moves to second stage of Lincoln Gap wind and battery project in South Australia after changing turbine suppliers and fine-tuning regulatory approvals.

The post Nexif finally gets shovels out for next stage of Lincoln wind and battery project appeared first on RenewEconomy.

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Tesla slashes Model 3 price in Australia, adds features and boosts range

Sun, 2020-10-18 19:32

tesla model 3Model 3 price in Australia drops by up to $A7,000, as Tesla also confirms numerous upgrades and an increase in driving range.

The post Tesla slashes Model 3 price in Australia, adds features and boosts range appeared first on RenewEconomy.

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Climate and clean energy leaders win big in New Zealand, ACT elections

Sun, 2020-10-18 09:31

Andrew Barr Jacinda Ardern 2020 election new zealand ACTBig wins for parties with ambitious climate change and clean energy, as Jacinda Ardern returned in New Zealand, while the Greens win big in the ACT.

The post Climate and clean energy leaders win big in New Zealand, ACT elections appeared first on RenewEconomy.

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Massive Asian Renewable Energy Hub grows to 26GW of wind and solar

Fri, 2020-10-16 14:12

First stage of the massive Asian Renewable Energy Hub a step closer after securing state environmental approvals from WA government, and could grow to 26GW.

The post Massive Asian Renewable Energy Hub grows to 26GW of wind and solar appeared first on RenewEconomy.

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AEMO takes lead role in global consortium seeking rapid energy transition

Fri, 2020-10-16 14:03

Audrey Zibelman says "facts and reality" are focus of AEMO, which is leading creation of new global partnership pushing "rapid clean energy transition of unprecedented scope."

The post AEMO takes lead role in global consortium seeking rapid energy transition appeared first on RenewEconomy.

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New Mexico utility to replace coal plant with four solar and battery projects

Fri, 2020-10-16 13:14

Another major US utility unveils plans to replace an ageing coal power plant with solar and storage, via four projects totalling nearly 1GW of new renewable capacity.

The post New Mexico utility to replace coal plant with four solar and battery projects appeared first on RenewEconomy.

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