RenewEconomy

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News and analysis for the clean energy economy
Updated: 2 hours 6 min ago

“Nuts” electricity market drives new rooftop solar boom – with side of battery storage

Thu, 2017-05-04 15:20
An electricity market "about as bad as you can get" has helped put household solar – and storage – back in the spotlight of Australia's renewables shift, prompting forecasts of "massive growth."
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If renewables target is met this year, what’s next for wind and solar?

Thu, 2017-05-04 14:52
Greens challenge Labor to get new modelling to justify its support for an emissions intensity scheme, as attention turns to what's next for energy policy now that the renewable critics have egg on their face over predictions the RET could never be met.
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S3X sells – but is it causing trouble for Tesla?

Thu, 2017-05-04 14:34
Tesla shares fall after a bigger than expected Q1 loss. But revenue was up, and Elon Musk has his mind on other things...
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Energy Action launches mobile energy monitoring app in Australian first for businesses

Thu, 2017-05-04 14:04
Energy Action today announced the launch of the Energy Action mobile app.
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Free exhibition brings leading energy innovators to Sydney

Thu, 2017-05-04 11:29
At the free to attend exhibition and workshops, more than 50 exhibitors and sponsors will showcase the latest energy storage products and emerging technologies that are shaking up the energy market.
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Graph of the Day: Germany’s record 85% renewables over weekend

Thu, 2017-05-04 09:48
Germany reaches record level of 85% renewable energy over long weekend, but days like this expected to be common by 2030.
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LGC prices fall sharply as solar and wind projects grow

Wed, 2017-05-03 14:27
LGC prices ended April at $78.25, a 12 month low and a drop of 8% on March’s close.
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New solar will be cheaper than old coal by 2032

Wed, 2017-05-03 14:25
BNEF says falling solar PV costs mean it will be cheaper to build a new large-scale solar than to burn coal by 2032. "And that is a tipping point for the energy system."
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AEMO chief says clinging to old energy business models is “insane”

Wed, 2017-05-03 13:24
New head of AEMO says South Australia's system black was a wake up call for all in the energy industry, and says holding on to old business models is "insane". She is also pushing for changes in market rules, including 5-minute settlement, which she says will make solar and wind "highly predictable."
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Interview: AEMO’s Zibelman says system black was “wake-up call”

Wed, 2017-05-03 13:22
New AEMO Audrey Zibelman in a detailed interview on the challenges and opportunities in the changing energy system, her priorities, the market reforms needed, the lessons learned from the South Australia blackout, and why it was a wake up call for the industry as a whole.
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Australian households to install one million batteries by 2020

Wed, 2017-05-03 13:18
Morgan Stanley is still expecting around one million households in Australia will install battery storage by 2020.
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Record $7.5bn renewables spend puts RET well within reach

Wed, 2017-05-03 12:40
Stunning $7.5 billion surge in investment in large scale wind and solar projects means Renewable Energy Target is well within reach, and could be filled by commitments this year.
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Tables – large scale renewable energy projects being built, or about to start

Wed, 2017-05-03 12:20
A table summarising the large scale renewable energy projects completed, under construction, or about to start in 2017.
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Trump’s advisors divided over commitment to Paris climate accord

Wed, 2017-05-03 11:08
White House has said a decision on whether U.S. will remain in accord will be made by end of May, when world leaders gather for G7 Summit in Italy.
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Report: Near-total renewable energy systems cheaper than gas in 2030

Wed, 2017-05-03 11:06
Climate Policy Initiative stresses flexibility and shows how energy storage and limited gas generation can support a power system dominated by renewables at a lower cost than conventional generation.
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First U.S. offshore wind farm shutters diesel power plant

Wed, 2017-05-03 11:04
Block Island officials switched on cable linking wind farm to main grid, which allowed island’s only electricity source — a small diesel-fueled power plant — to shut down.
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Bob Brown takes to High Court to test hardline anti-protest laws

Wed, 2017-05-03 11:03
Bob Brown was arrested in January 2016 at a forestry protest in Tasmania; charges were later dropped.
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India to tank petrol cars by 2030, with new EV incentives

Tue, 2017-05-02 14:44
India shifts gear on electric vehicle policy, aims for no petrol or diesel cars to be sold on the subcontinent by 2030.
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Friends of the Earth budget response

Tue, 2017-05-02 14:30
Friends of the Earth say the Andrews government's 2017-18 budget investment in climate change has been modest and that next year’s budget has emerged as a litmus test on the issue.
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Project Finance experts advise lenders on Queensland’s largest solar project to reach financial close

Tue, 2017-05-02 14:25
Herbert Smith Freehills has advised ANZ, BTMU and Westpac on the project financing for the construction, commissioning and operation of the A$225 million Ross River Solar Farm.
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