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News and analysis for the clean energy economy
Updated: 2 hours 31 min ago

Solar’s stunning rise takes big chunk out of coal in daytime market

Wed, 2019-05-08 08:30

Huge increase in solar capacity over last year is reshaping daytime power and taking a big lump out of coal generation.

The post Solar’s stunning rise takes big chunk out of coal in daytime market appeared first on RenewEconomy.

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RenewEconomy hits 40 million milestone, expands reporting team

Tue, 2019-05-07 15:22

RenewEconomy reaches a significant milestone, and announces the addition of Michael Mazengarb to the reporting team.

The post RenewEconomy hits 40 million milestone, expands reporting team appeared first on RenewEconomy.

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ESB releases design for retailer reliability obligation – will half a NEG cut it?

Tue, 2019-05-07 15:04

ESB releases proposed amendments to the National Electricity Rules for the implementation of the Retailer Reliability Obligation. Is half a NEG better than none at all?

The post ESB releases design for retailer reliability obligation – will half a NEG cut it? appeared first on RenewEconomy.

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Rising coal and gas costs push Australia electricity prices to record highs

Tue, 2019-05-07 14:23

Big generator bidding over summer shatter myth of cheap "base-load", as rising coal and gas costs send prices to record highs, and rooftop solar reduces demand.

The post Rising coal and gas costs push Australia electricity prices to record highs appeared first on RenewEconomy.

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‘Revolutionary change’ needed to stop global extinction crisis

Tue, 2019-05-07 13:24

Nearly a million species face extinction if we do not fundamentally change our relationship with natural world, according to world’s largest assessment of biodiversity.

The post ‘Revolutionary change’ needed to stop global extinction crisis appeared first on RenewEconomy.

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Wind curtailment falls to one per cent in South Australia

Tue, 2019-05-07 13:19

Curtailment of wind generation in South Australia falls to just one per cent in latest quarter.

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Big batteries displace coal, and lower costs in frequency markets

Tue, 2019-05-07 12:26

New big batteries lower costs in frequency markets, and cash in on morning and evening peaks, while pumped hydro still struggles to make money in spot market.

The post Big batteries displace coal, and lower costs in frequency markets appeared first on RenewEconomy.

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Morrison concedes emissions have “lifted”, claims credit for recovery in renewables investment

Tue, 2019-05-07 11:48

Scott MorrisonMorrison admits emissions are rising under the Coalition, and then falsely claims that renewable boom the result of Coalition policies. In fact, they tried to scrap them.

The post Morrison concedes emissions have “lifted”, claims credit for recovery in renewables investment appeared first on RenewEconomy.

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Queensland solar industry in “chaos,” with no clarity on rule change

Tue, 2019-05-07 10:33

CEC says Queensland government’s looming large-scale solar installation rule change contradicts itself – making it both confusing and potentially industry-crippling.

The post Queensland solar industry in “chaos,” with no clarity on rule change appeared first on RenewEconomy.

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Amsterdam to go all electric – ban petrol, diesel vehicles from 2030

Tue, 2019-05-07 10:25

Dutch capital to phase in ban of petrol and diesel-powered vehicles and pleasure boats starting from next year.

The post Amsterdam to go all electric – ban petrol, diesel vehicles from 2030 appeared first on RenewEconomy.

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Rio Tinto closes coal plant, taps renewables to power Utah mine

Tue, 2019-05-07 10:21

Rio Tinto opts to power Kennecott copper mine in Utah with renewables, via power purchase agreement, after permanently shutting the facility’s coal plant.

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Telsa boosts Australia workforce ahead of Model 3 arrival

Tue, 2019-05-07 10:17

Six new positions are advertised by Tesla as it gears up for the arrival of the Model 3 electric sedan in Australia.

The post Telsa boosts Australia workforce ahead of Model 3 arrival appeared first on RenewEconomy.

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Musk’s radical rethink of electric transport, and the value of Tesla and its cars

Mon, 2019-05-06 15:40

Musk puts future focus on shared autonomy, saying it could lift value of Tesla 10-fold, and double the value of cars.

The post Musk’s radical rethink of electric transport, and the value of Tesla and its cars appeared first on RenewEconomy.

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Bank Australia becomes first Australian bank to purchase 100% renewables

Mon, 2019-05-06 15:32

Construction of Pacific Hydro's Crowland's Wind FarmBank Australia signs PPA with Crowlands wind farm and installs rooftop solar to become first Australian bank to meet its 100% renewable energy target.

The post Bank Australia becomes first Australian bank to purchase 100% renewables appeared first on RenewEconomy.

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Vote Tony Out: Campaign hits streets as Steggall takes lead over Abbott

Mon, 2019-05-06 15:05

Vote Tony Out protesters in ManlyZali Steggall takes commanding lead over Tony Abbott, with the former PM's lack of interest in climate change cited as major factor.

The post Vote Tony Out: Campaign hits streets as Steggall takes lead over Abbott appeared first on RenewEconomy.

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Know your NEM: Rising cost of coal, rooftop solar makes its mark

Mon, 2019-05-06 14:40

Coal costs are rising; rooftop solar is now 9% of South Australia generation, and the latest odds on the federal election.

The post Know your NEM: Rising cost of coal, rooftop solar makes its mark appeared first on RenewEconomy.

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Labour will establish South East Queensland community power hub

Mon, 2019-05-06 13:55

People living in South East Queensland will benefit from cleaner and cheaper renewable energy that will help cut pollution and the cost of power bills, with Labor’s plan to establish a Community Power Hub in the region.  

The post Labour will establish South East Queensland community power hub appeared first on RenewEconomy.

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Battery and storage hopeful Lyon Infrastructure puts unit into administration

Mon, 2019-05-06 13:01

Lyon puts unit into voluntary administration after dispute with US hedge fund manager Magnetar, but says it still working towards major solar and storage projects.

The post Battery and storage hopeful Lyon Infrastructure puts unit into administration appeared first on RenewEconomy.

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Keating: Morrison “a fossil with a baseball cap”

Mon, 2019-05-06 12:41

Former ALP Prime Ministers Rudd, Gillard and Keating at 2019 ALP Campaign LaunchKeating slams Morrison as a "fossil", and while Paul Kelly's music graced official Labor election launch, the man himself was singing at Bob Brown's Stop Adani protest in Canberra.

The post Keating: Morrison “a fossil with a baseball cap” appeared first on RenewEconomy.

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Big batteries help Tesla lift storage revenue near 10-fold in Australia

Mon, 2019-05-06 10:03

Tesla says revenue from battery storage in Australia jumps nearly 10 fold in 2018 - thanks to its big batteries - but revenue from electric car sales fell.

The post Big batteries help Tesla lift storage revenue near 10-fold in Australia appeared first on RenewEconomy.

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