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News and analysis for the clean energy economy
Updated: 1 hour 15 min ago

Chinchilla big battery connects to the grid near Australia’s biggest coal unit

Thu, 2023-11-23 08:07

One of a suite of new big batteries to soon join the grid in Queensland has been registered and officially connected, with work on commissioning to start soon.

The post Chinchilla big battery connects to the grid near Australia’s biggest coal unit appeared first on RenewEconomy.

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NSW just got three huge batteries for next to nothing – time now to dump Coalkeeper 2.0

Thu, 2023-11-23 07:55

CSIRO_ScienceImage_9227_Eraring_Power_StationNSW will get three big new batteries at little or no cost to consumers. It's been urged to go out and get more, and end the costly idea of paying to keep the Eraring coal generator open.

The post NSW just got three huge batteries for next to nothing – time now to dump Coalkeeper 2.0 appeared first on RenewEconomy.

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Bowen dumps RET for 32 GW of auctions in massive policy shift to supercharge renewables

Wed, 2023-11-22 21:30

Chris Bowen will let the long-standing renewable energy target die, choosing instead a massive auction program seeking 32GW of new capacity to meet 82 pct renewable target.

The post Bowen dumps RET for 32 GW of auctions in massive policy shift to supercharge renewables appeared first on RenewEconomy.

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Twenty-five billion reasons for ministers to support urgent consumer energy reform

Wed, 2023-11-22 15:02

rooftop solar Western AustraliaAustralians have invested $25 billion in solar and batteries, with plenty more to come. We need policy and regulations to complement the investment.

The post Twenty-five billion reasons for ministers to support urgent consumer energy reform appeared first on RenewEconomy.

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Low motorway bridges defeat Bluescope’s plans to make wind towers at Port Kembla

Wed, 2023-11-22 14:11

The steelmaker says plans to make wind turbines at Port Kembla scrapped because bridges are too small - but it still hopes to provide steel to other makers.

The post Low motorway bridges defeat Bluescope’s plans to make wind towers at Port Kembla appeared first on RenewEconomy.

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Akaysha says four-hour batteries will be “new normal” after first gigawatt scale facility

Wed, 2023-11-22 14:07

Akaysha Energy says four hour batteries will be the "new normal" in Australian storage projects thanks to design of capacity investment scheme.

The post Akaysha says four-hour batteries will be “new normal” after first gigawatt scale facility appeared first on RenewEconomy.

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Another super fund joins green energy wave by sinking $1 billion into Quinbrook projects

Wed, 2023-11-22 12:25

Rest Super to invest $1 billion into Quinbrook projects. More than half of its members are young and are driving the fund's shift into green investments.

The post Another super fund joins green energy wave by sinking $1 billion into Quinbrook projects appeared first on RenewEconomy.

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Denmark’s CIP unveils 480MWh battery as part of big storage push in Australia

Wed, 2023-11-22 11:06

Danish energy giant CIP unveils its first big battery - the biggest in South Australia - as it launches a major storage investment push in Australia.

The post Denmark’s CIP unveils 480MWh battery as part of big storage push in Australia appeared first on RenewEconomy.

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New 130MW solar farm energised in northern Victoria

Wed, 2023-11-22 08:37

glenrowan solar farmThe 130MW Glenrowan solar farm has been energised in northern Victoria and will soon begin generating enough electricity to power 45,000 homes.

The post New 130MW solar farm energised in northern Victoria appeared first on RenewEconomy.

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Liddell to host giant battery after AGL and Akaysha win Australia’s biggest capacity tender

Wed, 2023-11-22 08:30

defaultBlackRock's Akaysha to build Australia's biggest four hour battery, and AGL to install a huge battery at Liddell after winning tender to fill gap from Eraring closure.

The post Liddell to host giant battery after AGL and Akaysha win Australia’s biggest capacity tender appeared first on RenewEconomy.

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Northvolt hails sodium-ion battery breakthrough for storage and electric vehicles

Wed, 2023-11-22 06:49

Northvolt hails breakthrough in sodium ion batteries, providing big advances for battery storage and ultimately for electric vehicles.

The post Northvolt hails sodium-ion battery breakthrough for storage and electric vehicles appeared first on RenewEconomy.

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Network super profits cost consumers up to $400 a year, and slow the shift to renewables

Tue, 2023-11-21 23:16

NetworkReport finds excessive supernormal profits are becoming the norm for Australia's regulated networks, harming power affordability and diverting billions from the energy transition.

The post Network super profits cost consumers up to $400 a year, and slow the shift to renewables appeared first on RenewEconomy.

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Fortescue presses go on more than $1.1 billion of green hydrogen and iron projects

Tue, 2023-11-21 15:41

Andrew Forrest's Fortescue Metals Group has announced three of the first green hydrogen deals to reach a final investment decision in the United States and Australia.

The post Fortescue presses go on more than $1.1 billion of green hydrogen and iron projects appeared first on RenewEconomy.

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In September we went past 1.5°C, in November we tipped over 2°C. What’s going on?

Tue, 2023-11-21 14:45

The sudden spike in warming in 2023 comes from a combination of factors. It's not a sign of total climate failure – but the emissions gap with current policies is still hellish.

The post In September we went past 1.5°C, in November we tipped over 2°C. What’s going on? appeared first on RenewEconomy.

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The eye-watering payments being made to big batteries to squash huge solar duck

Tue, 2023-11-21 14:33

Neoen's huge Collie battery could be paid more than $100 million a year to help squash solar duck curve in world's biggest isolated grid, but state-owned battery will get paid much less.

The post The eye-watering payments being made to big batteries to squash huge solar duck appeared first on RenewEconomy.

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SwitchedOn Podcast: Why batteries need an end of life plan

Tue, 2023-11-21 13:44

SwitchedOn Australia PodcastGavin Collis from the CSIRO discusses the future of Australia's battery recycling industry.

The post SwitchedOn Podcast: Why batteries need an end of life plan appeared first on RenewEconomy.

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Huge fire levies could “really hurt” wind, solar and battery projects, investors warn

Tue, 2023-11-21 13:04

Golden Plains wind and battery project concrete pour.CEIG warns proposed property fire levies could add millions of dollars a year in extra running costs to big solar, wind and battery projects in state with 95 per cent renewables target.

The post Huge fire levies could “really hurt” wind, solar and battery projects, investors warn appeared first on RenewEconomy.

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Investors scrap pioneering green hydrogen plant in Germany because of costs

Tue, 2023-11-21 13:00

One of Europe’s first projects to produce green hydrogen on a large scale in northern Germany has been scrapped due to high construction costs.

The post Investors scrap pioneering green hydrogen plant in Germany because of costs appeared first on RenewEconomy.

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5B begins work on solar and battery project to get Tiwi Islands to 50 pct renewables

Tue, 2023-11-21 12:13

Construction has begun on a 1.1MW solar farm and 3MWh battery storage project that aims to take the Tiwi Islands to 50 per cent renewables.

The post 5B begins work on solar and battery project to get Tiwi Islands to 50 pct renewables appeared first on RenewEconomy.

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Want to fight climate change? Triple global renewables target to 11TW by 2030

Tue, 2023-11-21 10:24

Governments shouldn't coast using fat wind and solar pipelines when they could achieve so much more, says a new report.

The post Want to fight climate change? Triple global renewables target to 11TW by 2030 appeared first on RenewEconomy.

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