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Updated: 34 min 3 sec ago

Iberdrola firms as favourite for Infigen takeover

Fri, 2020-07-24 14:24

Iberdrola locks in a higher, $893 million, offer for Infigen Energy as it firms as favourite in takeover bid after securing an additional 13 per cent stake.

The post Iberdrola firms as favourite for Infigen takeover appeared first on RenewEconomy.

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All Australia’s coal generators could close by 2040 and it won’t be as big a deal as you’d think

Fri, 2020-07-24 13:14

AGL's Loy Yang power station.Panel of energy experts suggest coal closures may not be as big a deal, and may happen faster than predicted, provided the transition is properly managed.

The post All Australia’s coal generators could close by 2040 and it won’t be as big a deal as you’d think appeared first on RenewEconomy.

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Queensland LNP rules out taxpayer funds for new coal generator

Fri, 2020-07-24 13:10

coal fired power station queensland election LNP - optimisedQueensland LNP's shadow energy minister rules out taxpayer funding for a new coal generator in the state.

The post Queensland LNP rules out taxpayer funds for new coal generator appeared first on RenewEconomy.

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More than 200 prominent Australians issue urgent call to act on climate

Fri, 2020-07-24 00:01

John Hewson Climate change stop adani from AAP - optimisedLeading Australians - former politicians, public servants, artists and academics - issue an urgent plea for action on climate change, saying Covid-19 is a 'dress-rehearsal'.

The post More than 200 prominent Australians issue urgent call to act on climate appeared first on RenewEconomy.

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Tesla crushes rivals with first full year profit, redefines future of car industry

Thu, 2020-07-23 23:15

Tesla smashes industry expectations with its first annual profit, and sales growth in a period where every other car maker in the world declined.

The post Tesla crushes rivals with first full year profit, redefines future of car industry appeared first on RenewEconomy.

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Taylor appoints his former advisor and a prominent RET critic to ARENA board

Thu, 2020-07-23 17:19

angus taylor hydrogen CEDA event Fed 2020 sydney - optimisedARENA overhaul sees a former adviser to Angus Taylor appointed to the board, along with one of the most prominent critics of the renewable energy target.

The post Taylor appoints his former advisor and a prominent RET critic to ARENA board appeared first on RenewEconomy.

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Apple commits to 2030 net-zero emissions target

Thu, 2020-07-23 14:45

Consumer technology giant announces plan to bring its entire carbon footprint for supply chain and products to net-zero emissions by 2030.

The post Apple commits to 2030 net-zero emissions target appeared first on RenewEconomy.

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Perisher thought – new ARENA chair said to be skiing buddy of Angus Taylor

Thu, 2020-07-23 14:28

It is said that it is not so much what you know but who you know. Turns out that new ARENA chair Justin Punch is strong on both counts.

The post Perisher thought – new ARENA chair said to be skiing buddy of Angus Taylor appeared first on RenewEconomy.

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Gas industry cooking the carbon books with its clean and green kitchen claims

Thu, 2020-07-23 14:08

The gas industry marketing people chose an unfortunate example to promote its wares – cooking food.

The post Gas industry cooking the carbon books with its clean and green kitchen claims appeared first on RenewEconomy.

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Musk says Tesla battery and solar business could be worth more than EVs

Thu, 2020-07-23 13:54

Tesla's car business is now valued by the market at around $US300 billion. But Elon Musk says its energy and solar division could be worth just as much.

The post Musk says Tesla battery and solar business could be worth more than EVs appeared first on RenewEconomy.

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Explosions at China GCL facility threaten 10% of global solar production

Thu, 2020-07-23 13:21

One of the world’s largest producers of polysilicon has reportedly been forced to shut a major production facility in China after series of five explosions.

The post Explosions at China GCL facility threaten 10% of global solar production appeared first on RenewEconomy.

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CEC says thousands of renewable jobs at stake in Queensland election

Thu, 2020-07-23 12:24

Canva - A huge solar farm queensland - optimisedClean Energy Council calls on parties to back renewables and end coal funding, ahead of a looming Queensland state election.

The post CEC says thousands of renewable jobs at stake in Queensland election appeared first on RenewEconomy.

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Angus Taylor works to undo Finkel, as key institutions struggle with change

Thu, 2020-07-23 00:10

Federal Energy Minister Angus TaylorA government with Keith Pitt as resources minister, Angus Taylor as minister determining the fate of the energy system, and a rump of hard line Queensland MPs is going to give short shrift to the experts.

The post Angus Taylor works to undo Finkel, as key institutions struggle with change appeared first on RenewEconomy.

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New contender for Tasmania’s first solar farm, with 5MW Bell Bay proposal

Wed, 2020-07-22 15:36

An application for a new, 5MW solar farm proposed for George Town in Tasmania's north, has been submitted to the local council.

The post New contender for Tasmania’s first solar farm, with 5MW Bell Bay proposal appeared first on RenewEconomy.

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Super fund says Australia’s climate policy void sending investment dollars overseas

Wed, 2020-07-22 14:43

Health industry super fund calls for federal net-zero emissions target, or risk losing trillions in investment dollars to more stable, less risky international markets.

The post Super fund says Australia’s climate policy void sending investment dollars overseas appeared first on RenewEconomy.

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Regulator rules it is misleading to claim gas is ‘cleaner and greener’

Wed, 2020-07-22 14:41

natural gas cooking appliance act governmentGas billboard pulled after advertising regulator rules claims the gas is 'cleaner and greener' is misleading.

The post Regulator rules it is misleading to claim gas is ‘cleaner and greener’ appeared first on RenewEconomy.

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Monash study to seek solutions to Victorian grid woes, including “rhombus of regret”

Wed, 2020-07-22 13:12

power lines network infrastructure ARENA Monash Grid Innovation Hub - optimisedARENA funded study to identify technical solutions to Victorian system strength issues that have hit wind and solar projects, causing delays and curtailments.

The post Monash study to seek solutions to Victorian grid woes, including “rhombus of regret” appeared first on RenewEconomy.

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Iberdrola eyes 50 per cent threshold, lifts Infigen Energy takeover bid to $893m

Wed, 2020-07-22 13:04

Iberdrola entices Infigen Energy shareholders with another increase to takeover bid, with an eye to getting majority control.

The post Iberdrola eyes 50 per cent threshold, lifts Infigen Energy takeover bid to $893m appeared first on RenewEconomy.

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Value of energy storage lies in increased renewables and capacity deferrals

Wed, 2020-07-22 10:27

solar battery storage tesla victoria gess Gannawarra Energy Storage System - optimisedMIT study finds economic value of energy storage increases as variable renewable energy generation increases its share of electricity supplied.

The post Value of energy storage lies in increased renewables and capacity deferrals appeared first on RenewEconomy.

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Shell wants UK to accelerate ban on fossil fuel car sales to 2030

Wed, 2020-07-22 10:20

new motion chargersOil major Shell says UK should ban the sale of new petrol and diesel vehicles within a decade.

The post Shell wants UK to accelerate ban on fossil fuel car sales to 2030 appeared first on RenewEconomy.

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