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News and analysis for the clean energy economy
Updated: 27 min 2 sec ago

Australia gets out the wrecking ball, again, in international climate talks

Fri, 2018-09-07 14:11

The international community looks on in horror – as do Australia's main business lobby groups – as the Morrison government uses crucial and complex climate talks in Bangkok to side with the US and Japan in a dramatic attempt to weaken climate finance obligations.

The post Australia gets out the wrecking ball, again, in international climate talks appeared first on RenewEconomy.

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Genex buys 50MW Jemalong solar project as it finalises Kidston storage deal

Fri, 2018-09-07 13:42

Genex buys 50MW solar PV project in NSW that was to be part of a world-leading hybrid facility combining solar thermal and storage with large scale PV.

The post Genex buys 50MW Jemalong solar project as it finalises Kidston storage deal appeared first on RenewEconomy.

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World’s largest offshore wind farm opens in UK

Fri, 2018-09-07 13:04

The world’s largest operational offshore wind farm – the 659 MW Walney Extension – was officially opened on Thursday by renewable energy giant Ørsted.

The post World’s largest offshore wind farm opens in UK appeared first on RenewEconomy.

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Energy efficiency market in hot water over policy plans

Fri, 2018-09-07 08:43

Stability in energy efficiency markets came to an abrupt end in August due to concerns about future supply from residential sources, the Victorian election and solar hot water policy announcements.

The post Energy efficiency market in hot water over policy plans appeared first on RenewEconomy.

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The fall and rise of demand response, and the power of “negawatts”

Thu, 2018-09-06 15:09

In the crazy world of Australian climate and energy policy, if you wait long enough, an idea killed off by one government eventually comes back and saves the day.

The post The fall and rise of demand response, and the power of “negawatts” appeared first on RenewEconomy.

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Fair dinkum! Renewables and storage soon to be cheaper than existing coal plants

Thu, 2018-09-06 15:02

The point where new wind and solar, backed by energy storage, become cheaper than operating old coal plants is not far away.

The post Fair dinkum! Renewables and storage soon to be cheaper than existing coal plants appeared first on RenewEconomy.

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16 renewable hydrogen projects backed by ARENA grants

Thu, 2018-09-06 14:43

ARENA offers $22.1m in funding to 16 different R&D projects working to fast-track establishment of national renewable hydrogen industry.

The post 16 renewable hydrogen projects backed by ARENA grants appeared first on RenewEconomy.

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The inconvenient truths about South Australia’s renewable success

Thu, 2018-09-06 14:41

Conservatives are still using South Australia as a renewables punching bag. But the reality is the state has shown how solar and wind, with battery storage and smart management, can drive down prices and emissions, and deliver grid stability.

The post The inconvenient truths about South Australia’s renewable success appeared first on RenewEconomy.

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Failure to act on climate will cost trillions, trash global economies

Thu, 2018-09-06 13:14

Three new reports say governments can either act now on climate, and reap trillions of dollars in benefits - or miss the window and put a wrecking-ball to their GDPs.

The post Failure to act on climate will cost trillions, trash global economies appeared first on RenewEconomy.

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Australia could cut electricity emissions by 68 per cent by 2030

Thu, 2018-09-06 07:53

Australia will likely meet its Paris targets, but it has potential to meet a 70 per cent renewables share and a 68 per cut in electricity sector emissions by 2030.

The post Australia could cut electricity emissions by 68 per cent by 2030 appeared first on RenewEconomy.

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Mercedes-Benz debuts its first fully electric SUV

Thu, 2018-09-06 07:43

German automaker unveils its very first 100% electric SUV, making a move to win a market share from Tesla in the booming segment of high-end models running on battery.

The post Mercedes-Benz debuts its first fully electric SUV appeared first on RenewEconomy.

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Honda EV to bypass Australia, due to “very, very low” demand

Wed, 2018-09-05 22:06

Honda says there are no plans to bring Urban EV to Australia, because the Japanese car maker is “not willing to risk” the lagging, Down Under market.

The post Honda EV to bypass Australia, due to “very, very low” demand appeared first on RenewEconomy.

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Australia rooftop solar charts another record month, even as prices edge up

Wed, 2018-09-05 16:12

Business still booming for rooftop solar, with 142MW installed in August and NSW taking the lead and Victoria showing slight fall.

The post Australia rooftop solar charts another record month, even as prices edge up appeared first on RenewEconomy.

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Origin to build 5MW virtual power plant in Victoria, using rooftop solar and storage

Wed, 2018-09-05 16:08

Origin wins $4.5m Victorian govt grant to build 5MW microgrid using the solar and battery storage of up to 650 customers.

The post Origin to build 5MW virtual power plant in Victoria, using rooftop solar and storage appeared first on RenewEconomy.

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Australian manufacturers urged to ditch gas for solar

Wed, 2018-09-05 14:55

Manufacturers urged to switch to solar and other technologies, and make some easy gains with some simple energy efficiency measures, in major new joint report.

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Data reveals how businesses can reduce energy costs for all Australians

Wed, 2018-09-05 12:09

Australia’s fastest growing business energy retailer, has today released new research that shows businesses using wholesale prices can expect significant price reductions, while energy costs are lowered for everyday Aussies.

The post Data reveals how businesses can reduce energy costs for all Australians appeared first on RenewEconomy.

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Taylor says there is too much wind and solar in electricity grid

Wed, 2018-09-05 11:59

angus taylorNew energy minister Angus Taylor says there is too much wind and solar in the system, and more needs to be done to protect existing and encourage new "fair dinkum" baseload.

The post Taylor says there is too much wind and solar in electricity grid appeared first on RenewEconomy.

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Goldwind puts 1GW wind and solar portfolio up for sale

Wed, 2018-09-05 11:37

renewablesUnique opportunity to invest in a portfolio of over 1 GW of renewable energy generation development across three Australian states that will have a project value of over $3bn when constructed, providing investors with significant scale and geographical diversity.

The post Goldwind puts 1GW wind and solar portfolio up for sale appeared first on RenewEconomy.

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South Australia commits $180m to batteries, storage and virtual power plants

Wed, 2018-09-05 11:35

South Australia government to target 5,000 homes this financial year as its Home Battery Storage grants plan finally moves ahead. Its part of a suite of initiatives to support transition to renewables grid.

The post South Australia commits $180m to batteries, storage and virtual power plants appeared first on RenewEconomy.

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Why baseload coal has no future in a modern grid

Wed, 2018-09-05 11:25

The debate about the need for baseload coal-fired power stations has reignited with the Coalition saying it would welcome a new coal-fired power station to the country.

The post Why baseload coal has no future in a modern grid appeared first on RenewEconomy.

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