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News and analysis for the clean energy economy
Updated: 2 hours 7 min ago

Welcome to Taylor-ball: How the game has changed in Australia’s energy markets

Fri, 2020-02-07 13:56

Scott Morrison Ace GuttersCoalition says it's "all about markets", but nearly every action it takes is effectively blocking new energy investment. And the biggest bollard is Angus Taylor's UNGI scheme.

The post Welcome to Taylor-ball: How the game has changed in Australia’s energy markets appeared first on RenewEconomy.

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Queensland hails Shell’s first ever solar farm – which will “power gas plants”

Fri, 2020-02-07 13:15

Construction begins on Shell's first global investment in "industrial scale" solar – a 120MW PV farm in Queensland that will be used to power the state's gas plants.

The post Queensland hails Shell’s first ever solar farm – which will “power gas plants” appeared first on RenewEconomy.

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Oil giant Total flexes renewable muscle with stake in Adani solar portfolio

Fri, 2020-02-07 12:46

French oil and gas giant extends reach into renewables in $US510m deal with Adani Group giving it 50/50 ownership of more than 2GW of solar capacity in India.

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Windlab told to wear costs of Kennedy project delays in key ruling for renewables industry

Fri, 2020-02-07 12:44

Kennedy Energy Park wind turbine construction 2 - optimisedQueensland adjudicators rule developers of Kennedy Energy Park must pay contractors $7.5M despite ongoing delays to project completion.

The post Windlab told to wear costs of Kennedy project delays in key ruling for renewables industry appeared first on RenewEconomy.

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World’s largest offshore wind turbine clocks new 24-hour generation record

Fri, 2020-02-07 11:29

World's biggest turbine sets a new record for generation over a 24-hour period - enough to meet the power needs of more than 30,000 households on its own.

The post World’s largest offshore wind turbine clocks new 24-hour generation record appeared first on RenewEconomy.

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Tesla could be worth $6 trillion in four years if it can land autonomous driving

Fri, 2020-02-07 07:14

 TeslaThe Driven Tesla’s share price surge over the past few days, and the past year, has stunned the financial markets and the automotive industry. But some analysts believe that we’ve seen nothing yet, and if Tesla can land its “full self driving” technology, and lead the switch to autonomous vehicles, the stock could be worth...

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Is Tesla on track to become the world’s most valuable company?

Thu, 2020-02-06 21:36

Tesla logoTesla shares continue blockbuster surge, with more analysts and investors recognising the trillion-dollar plus potential of the Elon Musk electric car and energy company.

The post Is Tesla on track to become the world’s most valuable company? appeared first on RenewEconomy.

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Australia urged follow UK lead and ban new fossil fuel cars by 2035

Thu, 2020-02-06 21:33

Australia urged to follow UK ban on new petrol and diesel cars by 2035 as EV sales triple in 2019, but fall well short of where they should be.

The post Australia urged follow UK lead and ban new fossil fuel cars by 2035 appeared first on RenewEconomy.

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AFP reportedly drops Angus Taylor investigation, but Labor wants answers

Thu, 2020-02-06 14:52

legal angus taylor investigation - optimised policeLabor calls for answers to Angus Taylor "doctored documents scandal" as Federal Police drop investigation into the federal energy minister's conduct.

The post AFP reportedly drops Angus Taylor investigation, but Labor wants answers appeared first on RenewEconomy.

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Windlab shares stop trading pending news on Kennedy contractor dispute

Thu, 2020-02-06 14:27

Construction of Pacific Hydro's Crowland's Wind FarmShares in wind farm developer Windlab enter a trading halt pending an adjudication into a contractual dispute over the long delayed Kennedy Energy Park.

The post Windlab shares stop trading pending news on Kennedy contractor dispute appeared first on RenewEconomy.

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AEMO tightens settings, flags more constraints, as Portland smelter hangs off S.A. grid

Thu, 2020-02-06 14:13

AEMO flags further constraints and operating controls as it seeks to manage "islanded" South Australia grid, which now includes Victoria's Portland smelter.

The post AEMO tightens settings, flags more constraints, as Portland smelter hangs off S.A. grid appeared first on RenewEconomy.

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Regulator to trial options contracts in an effort to revive faltering Emissions Reduction Fund

Thu, 2020-02-06 14:08

emissions options reduction fund clean energy regulator revegetation - optimisedClean Energy Regulator will pilot 'options' contracts under Emissions Reduction Fund, with aim of reviving collapsed carbon abatement market

The post Regulator to trial options contracts in an effort to revive faltering Emissions Reduction Fund appeared first on RenewEconomy.

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Milestone for Garden Island microgrid as Carnegie gets back on the wave

Thu, 2020-02-06 14:06

Carnegie Wave Energy quarterly report marks 1000MWh of green electricity delivered by Garden Island microgrid, and progress on its core CETO wave technology.

The post Milestone for Garden Island microgrid as Carnegie gets back on the wave appeared first on RenewEconomy.

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New CSIRO, AEMO study confirms wind, solar and storage beat coal, gas and nuclear

Thu, 2020-02-06 14:06

New study by CSIRO and AEMO show wind, solar and storage clearly cheaper than the federal government's preferred technologies of coal, gas and nuclear.

The post New CSIRO, AEMO study confirms wind, solar and storage beat coal, gas and nuclear appeared first on RenewEconomy.

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Neoen’s massive Culcairn solar and battery project edges closer to construction

Thu, 2020-02-06 12:34

Neoen Australia submits Environmental Impact Statement for one of Australia’s biggest solar farms yet, a 402MW project planned for NSW Riverina region.

The post Neoen’s massive Culcairn solar and battery project edges closer to construction appeared first on RenewEconomy.

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Pro-coal, pro-nuclear, anti-renewables MP is Australia’s new resources minister

Thu, 2020-02-06 12:33

Keith Pitt Nationals Resources Minister coal renewables nuclear - optimisedBusiness as usual for Morrison government as pro-coal, pro-nuclear , anti-climate action and anti-renewables advocate becomes new resources minister.

The post Pro-coal, pro-nuclear, anti-renewables MP is Australia’s new resources minister appeared first on RenewEconomy.

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Let’s talk about gas: It’s expensive, dirty and struggling to compete with batteries

Thu, 2020-02-06 06:15

Gas generation is an expensive proposition on almost all grounds. And the world can't afford its emissions either.

The post Let’s talk about gas: It’s expensive, dirty and struggling to compete with batteries appeared first on RenewEconomy.

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City of Adelaide seals deal to go 100% renewable, starting July

Thu, 2020-02-06 05:28

Adelaide strikes energy offtake deal with Flow Power to source 100% renewables – from 1 July 2020, "if it’s run by the City of Adelaide, it’s being powered by renewable electricity."

The post City of Adelaide seals deal to go 100% renewable, starting July appeared first on RenewEconomy.

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Canberra electricity prices set to fall, thanks to 100% renewables plan

Wed, 2020-02-05 14:38

prices APRA solar Panel up Close - optimisedACT households expected to enjoy falls in electricity prices thanks to renewables, while consumers say electricity bills and tariffs still too complicated.

The post Canberra electricity prices set to fall, thanks to 100% renewables plan appeared first on RenewEconomy.

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Solar and wind industries brace for impact from China coronavirus

Wed, 2020-02-05 14:17

Australia solar companies warned of product delivery delays as solar and wind sectors brace for impact from China coronavirus.

The post Solar and wind industries brace for impact from China coronavirus appeared first on RenewEconomy.

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