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News and analysis for the clean energy economy
Updated: 2 hours 18 min ago

Genex plans big battery in Queensland, seals equity deal with J-Power

Mon, 2020-08-03 13:09

Genex announces plans for big battery at Rockhamption, and locks in share deal with J-Power as it seeks to finalise equity financing for its Kidston pumped hydro project.

The post Genex plans big battery in Queensland, seals equity deal with J-Power appeared first on RenewEconomy.

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RES, Macquarie land finance and buyer to double size of Murra Warra wind farm in Victoria

Mon, 2020-08-03 11:34

RES and Macquarie land finance and a buyer for the second stage of the huge Murra Warra wind project in western Victoria.

The post RES, Macquarie land finance and buyer to double size of Murra Warra wind farm in Victoria appeared first on RenewEconomy.

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Unplugged: How the gas industry is fighting efforts to electrify buildings

Mon, 2020-08-03 10:14

Gas industry is spending large sums of money on PR and marketing campaigns, astroturfing and front groups to oppose initiatives aimed at curbing direct gas use.

The post Unplugged: How the gas industry is fighting efforts to electrify buildings appeared first on RenewEconomy.

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Global coal generation capacity falls for first time ever in 2020

Mon, 2020-08-03 10:00

coal fired power station closure decommissioning decline - optimisedGlobal coal capacity has declined for the first time, with coal plant retirements outpacing new plant construction during the first half of 2020.

The post Global coal generation capacity falls for first time ever in 2020 appeared first on RenewEconomy.

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Final turbine erected at second biggest wind farm in WA grid

Sun, 2020-08-02 16:04

The last of the 51 turbines at the Warradarge wind farm north of Perth in Western Australia has been installed, in what will be the second-biggest wind facility in the state.

The post Final turbine erected at second biggest wind farm in WA grid appeared first on RenewEconomy.

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Chevron to build 500MW wind and solar to power facilities in Australia, elsewhere

Sun, 2020-08-02 15:35

Chevron becomes latest oil major to sign up for large scale wind and solar operations to help power some of its facilities, including in Australia.

The post Chevron to build 500MW wind and solar to power facilities in Australia, elsewhere appeared first on RenewEconomy.

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Energy Renaissance lands federal grant for Australia battery “gigafactory” plans

Fri, 2020-07-31 15:07

Australian “hot climate” li-ion energy storage hopeful wins federal government backing for plans to become the nation’s first utility-scale battery manufacturer.

The post Energy Renaissance lands federal grant for Australia battery “gigafactory” plans appeared first on RenewEconomy.

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Victoria delays setting interim emissions targets, again, as Covid digs in

Fri, 2020-07-31 14:37

Victoria Labor delays for a second time its decision on interim emissions reduction targets for the state, citing focus on curbing the spread of Coronavirus.

The post Victoria delays setting interim emissions targets, again, as Covid digs in appeared first on RenewEconomy.

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Australia’s two renewable export mega-projects say there is room for both, and more

Fri, 2020-07-31 13:48

Australia's two largest renewable energy export projects, planning 25GW of wind and solar between them, see the growing Asian market as more than big enough for both.

The post Australia’s two renewable export mega-projects say there is room for both, and more appeared first on RenewEconomy.

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Covid and rooftop solar take another big bite out of Origin’s elecricity business

Fri, 2020-07-31 12:46

Covid and rooftop solar take another big bite out of Origin Energy's electricity business, as its main coal generator pushed close to minimum operational limit.

The post Covid and rooftop solar take another big bite out of Origin’s elecricity business appeared first on RenewEconomy.

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Market operator’s 20-year transition plan remains an orphan without Taylor’s backing

Fri, 2020-07-31 12:08

busfires climate change electricity network infrastructure - optimisedAEMO's Integrated System Plan is a fine piece of work, but may lack bite in the absence of support from Angus Taylor, and with Australia's backward regulatory regime.

The post Market operator’s 20-year transition plan remains an orphan without Taylor’s backing appeared first on RenewEconomy.

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Redflow resumes trading, with good news on revenue and focus on new battery

Fri, 2020-07-31 11:51

Australian zinc-bromine flow battery maker Redflow resumes trading on the ASX – and releases its highest annual sales revenue since 2012.

The post Redflow resumes trading, with good news on revenue and focus on new battery appeared first on RenewEconomy.

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Biden presidency could put Australia back in ‘naughty corner’ over lack of climate action

Fri, 2020-07-31 10:23

Joe Biden us presidency climate policy election donald trump -optimisedA Biden presidency could herald a new era for climate action, while placing immense pressure on the Morrison to actually to something on climate change.

The post Biden presidency could put Australia back in ‘naughty corner’ over lack of climate action appeared first on RenewEconomy.

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AEMO plays down risk of widespread solar shut-downs in Queensland

Fri, 2020-07-31 09:51

Canva - A huge solar farm queensland - optimisedAEMO says severed constraints on nine solar farms in Queensland only likely to be a rare event, and if too many coal plants are sidelined.

The post AEMO plays down risk of widespread solar shut-downs in Queensland appeared first on RenewEconomy.

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Are 19 million electric vehicle batteries equal to five Snowy 2.0s?

Fri, 2020-07-31 06:20

Australia's car fleet - if fully electric - could provide as much storage five Snowy 2.0 pumped hydro schemes. Here's why.

The post Are 19 million electric vehicle batteries equal to five Snowy 2.0s? appeared first on RenewEconomy.

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Super hybrids: Shell combines offshore wind, with floating solar, batteries, and hydrogen

Thu, 2020-07-30 19:14

A new "super hybrid" facility will combine offshore wind with a floating solar park, short-term battery storage, and a green hydrogen electrolyser for additional storage.

The post Super hybrids: Shell combines offshore wind, with floating solar, batteries, and hydrogen appeared first on RenewEconomy.

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Tesla heads towards trillion-dollar valuation as Big Auto stalls on EVs

Thu, 2020-07-30 19:06

Morgan Stanley ups its bull case valuation for Tesla to more than $A700 billion. And if Musk is only half right about value of Tesla Energy, that makes a trillion-dollar company.

The post Tesla heads towards trillion-dollar valuation as Big Auto stalls on EVs appeared first on RenewEconomy.

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Grey imports: How a Canberra couple obtained first long-range Nissan Leaf

Thu, 2020-07-30 19:05

Canberra couple documents the journey in buying long range Nissan Leaf - a variant of popular electric car not offered in Australia by the car manufacturer.

The post Grey imports: How a Canberra couple obtained first long-range Nissan Leaf appeared first on RenewEconomy.

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Tesla’s Denholm says ISP shows batteries better than coal and gas

Thu, 2020-07-30 15:25

Tesla chair welcomes AEMO's Integrated System Plan message that batteries will be a cheaper and better option to support renewables than gas, as grid leaves fossil fuels behind.

The post Tesla’s Denholm says ISP shows batteries better than coal and gas appeared first on RenewEconomy.

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US energy giant takes stake in Australia’s 5B solar innovator looking to supply world’s biggest project

Thu, 2020-07-30 15:08

US energy giant AES takes stake in Australia's 5B that will help it roll out its innovative solar technology already marked for the world's biggest solar project.

The post US energy giant takes stake in Australia’s 5B solar innovator looking to supply world’s biggest project appeared first on RenewEconomy.

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